ING Direct 2002 Annual Report Download - page 17

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Annual Report 2002 · ING Group14
 ⁄
ING is a prominent inter-
national financial services
provider in Asia/Pacific with
6million clients. The portfolio
consists of large businesses
across six mature markets and
newly established life insurance
companies in China, India,
Indonesia, and Thailand. With
60,000 points of distribution in
Asia ranging from tied agents,
independent agents, brokers/
dealers to banks, ING accesses
its clients through the
customer’s channel of choice.
ING has leading positions in
Australia, Taiwan, Korea,
Malaysia and it is a fast-
growing niche player in Japan’s
crowded market. In New
Zealand, ING New Zealand
manages about 16% of all
mutual funds in the country,
making it the number-three
player in terms of assets under
management. With two joint
venture operations in life
insurance in China and a
44% stake in ING Vysya Bank,
India’s fifth largest private
bank, a life insurance joint
venture and a mutual funds
business in India, ING is well-
positioned in the two largest
Asian growth markets.
ING House has several inner
gardens, varying from full-
grown pines to bamboo trees.
The biggest is the jungle
garden on the fourth floor.