Alfonso Tolcheff (ING): "Estamos abiertos a cualquier compra que acelere el crecimiento en España"

ING, present in Spain since 1999, is actively seeking to accelerate growth within the country. Current CEO Alfonso Tolcheff aims to broaden ING's reach by expanding into private banking and corporate businesses. Recently, the flagship opened a 1,820-square-meter office in Madrid's financial district, symbolizing ING's evolution from a savings bank to an investment bank. The mega office is designed to attract high-net-worth clients and demonstrate ING's growing presence in the private sector.

ING already has over 5,000 private banking clients, with assets exceeding €56 billion. Tolcheff aims to attract more wealthier clients, with over 40,000 individuals holding more than €250,000 in ING accounts. The acquisition of Singular Bank, comprising 40% of the bank's shares, further strengthens ING's position. While Tolcheff has not disclosed plans to increase Singular's stake, both companies plan to coexist and grow independently.