The bank is enhancing its offerings for corporate clients in the Wholesale business segment. This move is intended to bolster its relevance to customers and strengthen its presence across additional sectors. According to a press release issued on Wednesday, ING will place special emphasis on healthcare, pharmaceuticals, and asset management.

In response to customers' demand for tailored financial solutions and specialized expertise, ING Switzerland is expanding its services for corporate clients. These services will include treasury management, risk management, digital banking, working capital solutions, and bespoke financial market solutions—all accessible «across the entire ING network».

«Expanding Presence in Key Sectors»

«We are delighted to be taking this step to expand our local presence in key sectors of the Swiss economy. We want to establish ourselves in additional market segments and play a greater role in the economies in which we operate. We look forward to being a reliable banking partner for companies that want to grow and develop strategically in Switzerland and internationally,» comments Gregory Lambillon, CEO and Country Manager of ING in Switzerland.

ING's growth ambitions in Switzerland align with the Group's overarching strategy, which aims to establish itself as the leading European bank. In this context, ING has hired new employees in various sectors and product teams in Switzerland and moved into a new office in Zurich, according to the press release.

The Cake is Being Redistributed

ING employs more than 300 people in Switzerland. Geneva is the competence center and hub for Europe, the Middle East and Africa as well as for Trade & Commodity Finance activities within ING. The branch in Zurich covers services for Swiss companies and financial institutions.

The advance of the globally active bank with Dutch roots comes at a time when the gaps left by the loss of Credit Suisse as the main player in the Swiss corporate client business are gradually becoming apparent - now the cake is being redistributed, which has also whetted the appetite of other institutions for more.