2019 ING Group Annual Report on Form 20-F 

1

Exhibit 8

Principal subsidiaries

The principal subsidiaries of ING Groep N.V. and their statutory place of incorporation and primary country of

operation are as follows:

Principal subsidiaries

Proportion of ownership and

interest held

by the Group

2019

2018

Subsidiary 

Statutory place of Incorporation

Country of operation

ING Bank N.V.

Amsterdam

the Netherlands

100%

100%

Bank Mendes Gans N.V.

Amsterdam

the Netherlands

100%

100%

ING Belgium S.A./N.V.

Brussels

Belgium

100%

100%

ING Luxembourg S.A.

Luxembourg City

Luxembourg

100%

100%

ING-DiBa AG

Frankfurt am Main

Germany

100%

100%

ING Bank Slaski S.A.

1

Katowice

Poland

75%

75%

ING Financial Holdings Corporation

Delaware

United States of America

100%

100%

ING Bank A.S.

Istanbul

Turkey

100%

100%

ING Bank (Australia) Ltd

Sydney

Australia

100%

100%

ING Commercial Finance B.V.

Amsterdam

the Netherlands

100%

100%

ING Groenbank N.V.

Amsterdam

the Netherlands

100%

100%

1 The shares of the non-controlling interest stake of 25% are listed on the Warsaw Stock Exchange, for summarised financial information we refer to ‘Note 35

‘Information on geographical areas’.