The factors in favour of a rise in the ING share price:
First of all, ING Group has a strong advantage in terms of its brand name, which is very popular with the general public. If you look at the various bank comparison sites, you will see that this bank is often ranked among the best, which of course helps it to win new customers.
Stock market investors also appreciate the group's healthy financial situation. In the banking sector, few companies manage to post stable and reassuring results and ING is one of them. Again, this can lead to greater shareholder interest in this share than in the shares of competing banking groups.
Although ING is primarily a bank known on the French market, it is also an international company. For many years now, ING has been implementing a real expansion strategy in the rest of the world and has created joint ventures in certain foreign countries. This of course gives it a head start on some of its competitors, particularly in Europe, and enables it to protect itself more against the risks associated with the French economy alone.
Another undeniable advantage of ING Bank is its advantageous positioning in certain specific segments. This is particularly the case with asset management services, where the bank ranks among the leaders in the sector. This helps to strengthen its image among investors and makes its share price more attractive.
Among the various assets of the ING Group, we can of course also mention its very large workforce. Indeed, through its various branches spread throughout the world, ING Group employs more than 100,000 people. These employees enable it to offer its banking products and services in an efficient manner with a quality of customer relations that is often praised by critics.
Finally, it is also important to mention among the advantages of this group and its stock market action the fact that the ING group already has a very strong customer base at the moment with an increase in the number of customers recorded every year. Today, ING offers its services to more than 85 million customers in over 40 countries around the world. This very large customer base is also easily retained and enables it to gain even more additional customers thanks, among other things, to strategies based on sponsorship offers.