ING Groep NV (NYSE:ING)

$ 15.6801 0.0601 (0.38%) Market Cap: 48.45 Bil Enterprise Value: 120.61 Bil PE Ratio: 6.87 PB Ratio: 0.92 GF Score: 75/100

ING Groep NV Annual Shareholders Meeting Transcript

Apr 28, 2020 / 12:00PM GMT

Release Date Price: $5.53 (+4.14%)

Transcript

Gheorghe J. Wijers

ING Groep N.V. - Independent Chairman of Supervisory Board

Ladies and gentlemen, good afternoon. My name is Hans Wijers. I'm Chairman of the Supervisory Board of ING, and I would like to extend a warm welcome to you, shareholders and representatives of the Central Works Council. So welcome to this Annual General Meeting of ING, as you can see, under exceptional circumstances.

These are extraordinary times that we're experiencing, and that requires us all to adapt to these circumstances. And because of the crisis, the coronavirus crisis, we have decided to organize this year's AGM differently so as to comply with the instructions of the government and the Dutch public health institution, which is why we decided to hold a meeting at this site, the Cedar location, Cedar building.

And you see that only a limited number of Supervisory Board and Executive Board members are present here in this room. The other members are, and that is quite important, obviously, are participating remotely, and some of them can actually take the floor. And this is to reduce the health risk.

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