ING Barings’ first foray into an emerging market is usually to serve multinational clients with basic banking services. On top of this it builds the whole range of financial products including equity and debt underwriting and M&A advisory. ING was moving into emerging markets before they became fashionable and has retained its leading global presence, now boasting 130 offices in 58 countries, mainly emerging markets.
Over the past year or so ING has been particularly innovative in eastern Europe, taking a majority stake in Katowice-based Polish bank Slaski, becoming the first foreign bank to establish sub-branches outside Bucharest in Romania and successfully arranging the first medium-term notes in Hungary.
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