ING Groep stock in focus as OCBC weighs Asian private-bank deal
Published on 11/14/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDeal Report and Buyback Progress
- OCBC was reported on November 12 to be close to acquiring ING's Asian private-banking assets for about 1.5 billion US dollars.
- ING said on November 10 that it had repurchased 2,755,000 shares in the week through November 6 under its buyback programme.
- The possible transaction was not confirmed by ING or OCBC in the report.
ING Groep remained in focus during the week of November 9 to 13 after a report linked the Dutch bank's Asian private-banking assets to a potential sale to Singapore's OCBC. ING also reported further progress on its share buyback programme.
OCBC weighs Asian private-banking deal
On Thursday, November 12, The Edge Malaysia reported that OCBC was close to an agreement to buy ING's Asian private-banking assets for about 1.5 billion US dollars. The report said the companies could announce the transaction soon, while ING and OCBC declined to comment.
The possible deal would cover operations serving more than 5,000 clients from offices in Singapore, Hong Kong and the Philippines. The division's assets under management stood at 11 billion euros at the end of June, down from 11.4 billion euros three months earlier, according to the report. Any financial effect for ING remains dependent on agreed terms, regulatory approvals and completion.
Buyback programme advances
On Tuesday, November 10, ING said it had repurchased 2,755,000 shares during the week from November 2 through November 6. The purchases were part of the bank's 1.65 billion euro programme announced on October 29.
ING Groep stock traded at 30.09 euros on Lang & Schwarz at 12:12 CET on Saturday, November 14, 2026.
ING Groep at a glance
- Company: ING Groep N.V.
- ISIN: NL0011821202
- Latest quoted price: 30.09 euros on Lang & Schwarz, Saturday, November 14, 2026, 12:12 CET
- Buyback programme: Maximum total amount of 1.65 billion euros
- Asian private-banking assets: 11 billion euros under management at the end of June
The wider setting for ING investors is covered in Current market reports.
Further developments can be followed through More news and analyses on ING Groep stock.
