ING Groep N.V., a prominent financial services group in the Benelux region, has received positive outlooks from UBS.

The company's revenue structure is mainly driven by retail banking, which contributes 66.7% of total revenues.

Geographically, the Netherlands accounts for 33.2%, followed by Germany at 20.9%, Belgium at 17.8%, and other regions at 28.1%.

Apart from retail banking, ING also generates 31.3% of its revenues from investment banking activities, with the remaining 2% coming from other sources.

By the end of 2023, the group is expected to manage EUR 650.3 billion in deposits and EUR 642.4 billion in loans, highlighting its significant presence in the financial sector.