Spain

Spain

Financial Markets

Financial Markets delivers a broad range of products to ING's corporate and institutional client base as well as to other ING businesses including the retail network. Our offices across Europe, Asia and the Americas enable us to have local staff with expert knowledge. We also has a highly-ranked research team, with particular strength in emerging markets. Our Madrid team is your entry point for all Financial Markets products with the support of ING Group trading.


Financial Markets - Corporates

The strategy is to capitalise on local presence, be selective with clients on which we can allocate capital to and leverage with, improve cross-selling within regions.
ING Wholesale Banking can provide you with,

• Excess Cash
When your company has excess liquidity, and is interested in investing this liquidity in the short or medium future, ING Wholesale Banking (WB) can assist you with its offering of various investment products.
The regulatory environment in which companies and banks are operating in is constantly changing. In order to adapt to these changes, ING WB has developed tailor-made investment solutions with the purpose of fitting the regulatory requirements of both the customer base and the bank.
ING WB can facilitate short-term investments through deposits and lightly structured deposits (with different characteristics with regards to tenor, return, liquidity, and flexibility) and also facilitate short and medium-term investments through various products in security form.

• Foreign Exchange Solutions
As an internationally operating corporate, you will most likely be exposed to fluctuations in foreign exchange (FX) rates. While FX risk is often ‘the last check on the list’ when entering into a cross-border transaction, it can be a very significant one. Your company’s profit might be at stake if this risk is left unattended. ING’s dedicated FX specialists can help you with customized solutions that fit your underlying FX exposures, risk profiles and views.
We are happy to cooperate with your company in order to get to the optimal FX solution for your specific situation. We will focus on your core business without any FX worries.
- Reduce FX risk
- Variety of FX solutions for both G-10 and emerging market currencies
- Electronic platform for standard spot and forward businesses
- Tailored solution to your specific situation

• Interest rate hedging solutions
Corporates can be exposed to interest rate risk in numerous ways, both impacting their assets and liabilities. Short-term (LIBOR) rates, often being the basis for floating (bank) debt and short-term deposits, change on a daily basis. Long-term rates, being the basis for debt capital markets issuance, can even change every second.
With rates sales, trading, research and structuring desks in Amsterdam, Brussels, London, New York and Singapore, ING WB has a truly global span and know-how to offer excellent risk management services for its clients. This is complemented with research about a wide range of economic and market developments.
- In-depth risk analysis based on client specific and market data
- Rates sales, trading, research and structuring desks in Amsterdam, Brussels, London, New York and Singapore
- Tailored solutions for your specific business and sector situation

• Commodity Hedging Solutions
Corporations with an exposure to commodities are confronted daily with price uncertainty in the volatile commodity markets: producers experience uncertainty over their revenues, while consumers like shipping companies, packaging companies and food companies are faced with unknown costs.
ING Wholesale Banking offers a wide array of financial instruments on underlyings like crude oil, refined oil, coal, base and precious metals, as well agricultural products. With commodity trading and structuring desks in Amsterdam, New York and Singapore, ING WB has a truly global span and know-how, and offers excellent risk management services towards its clients.
ING offers commodity hedging solutions ranging from commodity swaps to various option structures, so whatever your requirement might be.
- Range of financial instruments for an array of commodities
- Commodity trading and structuring desks in Amsterdam, New York and Singapore
- Global network and expertise in commodity markets
- Highly experienced group of commodity experts

Financial Markets - Financial Institutions


• Treasury and Money Market
ING WB facilitates short-term investments through vanilla and lightly structured deposits. These products have different characteristics with regards to tenor, return, liquidity, and flexibility.
We also distribute various investment securities. The big advantage of these products is that it is easier to diversify your investment portfolio by investing in multiple credits, and the tradability of securities provides liquidity if needed.
The award winning ING Euro Commercial Paper (ECP) desk can assist you in investing your excess liquidity in the various ING Bank NV issuance programmes, but also in a very wide range of other issuers ranging from government entities, to corporates and other financials. The ING ECP desk is an appointed dealer on over 220 certificate of deposit and commercial paper programmes.
Most ING Bank, or third party, securities can be issued in various formats and with tailor-made features such as:
- Certificates of deposit, commercial papers or EMTN format
- Fixed or floating rates
- Callability or puttability features
- Various currencies and tenors

• Fixed Income Market: Primary and secondary
ING Wholesale Banking provides global coverage with hubs in Amsterdam, Brussels, London, New York and Singapore, as well as access to expertise in many other on-shore offices in developed and emerging markets.
ING has made significant investments on the DCM (Origination / Syndication / Private Placement) side, resulting in a gradual and marked improvement in Primary league table ranking.
ING provides French Asset Managers and Insurers with a global coverage on secondary fixed income markets. Our international network of local sales desks, with their expertise and investor access, allow us to add real value to, and ensure perfect execution of all transactions that we manage. We have dedicated teams for investment grade, emerging markets and high yield issues that serve the full range of investor segments, such as institutional, private banking, regional financial institutions and retail. In the Eurobond market, we can add stability in new issue books via the additional coverage of medium-sized pension funds, insurance companies, mutual funds and private banking accounts. Additionally, our dedicated local teams have strong expertise of other markets like the US private placements and Philippine peso local market.
ING DCM teams possess detailed knowledge and have the required experience to advise you on the right funding solution, however complex the situation might be. Through a thorough analysis of your company’s funding requirements, we will customise a debt issue to fit your specific needs.
- Full range of debt financing services
- Adding value to all transactions we lead
- Dedicated teams – investment grade, emerging markets, high yield
- Customised solutions to fit any situation

• Interest rates derivatives
Financial instruments, like interest rate derivatives, are commonly used in asset and liability management. ING WB offers a wide range of these products.
With rates sales, trading, research and structuring desks in Amsterdam, Brussels, London, New York and Singapore, ING WB has a truly global span and know-how to offer excellent risk management services for its clients. This is complemented with research about a wide range of economic and market developments.

- In-depth risk analysis based on client specific and market data
- Rates sales, trading, research and structuring desks in Amsterdam, Brussels, London, New York and Singapore
- Tailored solutions for your specific business and sector situation