ING Philippines celebrates 35 years of partnership in the Philippine financial sector

via Graphic Plus | Manila, Philippines, 3 February 2026 – ING Philippines commemorated its 35th anniversary on 27 January, with a celebratory event hosted at the residence of the Ambassador of the Kingdom of the Netherlands. The event brought together leaders from government, business, and the banking industry to recognise the bank’s longstanding contribution to the country’s economic progress. 

(LEFT) ING Philippines country manager, Jun Palanca welcomes partners and guests to ING Philippines’ 35th anniversary celebration. (RIGHT) Ambassador of the Kingdom of the Netherlands to the Philippines, Marielle Geraedts expresses her gratitude for ING’s contributions to the Philippine-Netherlands relationship.

“We are proud to mark 35 years of partnership with the Philippine business community. From our beginnings as a four-person team to where we stand today, this journey has been built on the trust of our clients and the relationships we forged together,” said Jun Palanca, country manager for ING Philippines.

Since establishing its Manila office in 1990, ING Philippines has evolved into one of the country’s leading wholesale banks. Over the past three and a half decades, the bank has led more than 194 capital markets transactions worth USD 28 billion and advised over 80 M&A deals valued at USD 35 billion, supporting clients across multiple industries and economic cycles.

As the first foreign bank to receive a universal banking license from the Bangko Sentral ng Pilipinas in 1996, ING has played a key role in many landmark transactions across telecommunications, energy, infrastructure, and financial services.

“ING Philippines is a cornerstone of our Asia-Pacific operations and a testament to what can be achieved through sustained commitment to a market,” said Uday Sareen, chief executive and head of Wholesale Banking for ING Asia Pacific. “This milestone is not just about longevity, but it’s about shared commitment, and trust with our client partners, and a commitment for progressive growth in what is clearly one of Asia’s most dynamic economies.”

The Netherlands and the Philippines share a long history of economic partnership, with ING serving as one of its most visible symbols.  “ING has supported the nation’s revenue goals by providing financial solutions that empower large Filipino corporations to expand trade, invest responsibly, and pursue sustainable growth. With its growing network, new technologies, and strong talent pool, ING truly illustrates how well the Netherlands and the Philippines work together,” said Marielle Geraedts, Ambassador of the Kingdom of the Netherlands to the Philippines.

(LEFT) Chief executive and head of Wholesale Banking for ING APAC, Uday Sareen shares his appreciation for the ING Philippines team’s dedication to the region’s growth. (RIGHT) Governor of Bangko Sentral ng Pilipinas, Eli M. Remolona, Jr. expresses his gratitude for ING Philippines’ contributions to the Philippine economy.

A recognised leader in sustainable finance, ING has provided green financing solutions and supported numerous landmark projects and ESG transactions, including Arthaland’s PHP 3-billion ASEAN Green Bond, BPI’s PHP 20.4-billion ASEAN Social Bond, PNB’s USD 300-million Sustainability Bond, and BDO’s PHP 115-billion Sustainability Bond.

“On behalf of the Bangko Sentral ng Pilipinas, I want to thank ING for its many contributions to the Philippine economy. From capital markets and sustainable finance to digital banking and BPO operations, ING has made a real difference. We look forward to seeing ING grow even stronger and make an even bigger difference in the years ahead,” said Eli M. Remolona, Jr., Governor of the Bangko Sentral ng Pilipinas.

Looking ahead, ING Philippines remains committed to supporting corporates and financial institutions navigate climate risks, regulatory developments, and an increasingly dynamic market landscape. Drawing on its global expertise, the bank will continue helping clients accelerate energy transition, advance digital transformation, and pursue sustainable growth – building resilience and long-term value for future generations.

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