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Dutch bank ING thrives in Germany with zero-fee, online-only accounts

Reuters  |  AMSTERDAM/FRANKFURT 

By Toby Sterling and Tom SimsAMSTERDAM/FRANKFURT (Reuters) - To find a bank that is thriving in Germany's troubled banking sector, look no further than ING of the Netherlands, which is upending German tradition with a radical online-only, no-frills and zero-fees offering.With its bright orange logo and catchy ads featuring one of Germany's most famous athletes, NBA basketball player Dirk Nowitzki, ING's ING-DiBa won more than 50,000 new customers in the second quarter, figures released on Aug. 2 show. The Frankfurt-based subsidiary now has more than 8 million customers and ranks as the No. 3 ...

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First Published: Fri, August 11 2017. 11:35 IST
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