Corporate brand
UnclaimedING is the Turkish banking subsidiary of ING Group, providing retail and commercial banking services and related financial products.
Last updated October 16, 2026
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Overview
ING is the Turkish subsidiary of the Netherlands-based ING Group and operates as a banking brand serving individuals and businesses in Turkey. The institution's history in the country predates the ING name. A First National Bank of Boston branch opened in Istanbul in 1984, and the Turkish operation later became an independently operating bank with ownership associated with Alarko, Cerrahoğlu and OYAK. OYAK, the Turkish Armed Forces Pension Fund, ultimately became the sole shareholder and renamed the institution Oyak Bank in 1996. The bank expanded its domestic presence through the 2002 merger with Sümerbank. At that point, the combined institution had more than 300 branches across Turkey. The bank also maintained branches in Ireland and Germany, reflecting an international dimension before its acquisition by ING. In December 2007, Oyak Bank became part of ING Group. Following the transaction, the Turkish operation adopted the ING brand and became known as ING Bank in Turkey. ING Turkey's activities center on retail banking for individuals and commercial banking for companies. Its related financial offering includes banking accounts and other deposit or payment services, lending, insurance-related products and asset-management services. The available reference material does not provide a current product catalogue, financial figures, executive roster, branch count or official website, so those details are not specified here. The subject is the Turkish subsidiary described by the article ING (Turkey), rather than ING Group as a whole.
History
The Turkish banking operation associated with ING began in 1984, when the United States-based First National Bank of Boston opened a branch in Istanbul. By 1990, the Turkish business was operating independently. Majority ownership was held by three Turkish groups: Alarko, Cerrahoğlu and OYAK. The institution returned to the name Turkish Boston Bank A.Ş. in 1991. OYAK subsequently acquired the interests held by the other shareholders and became the bank's only shareholder. In 1996, the institution was renamed Oyak Bank. This period established the OYAK-linked identity that defined the bank before its integration into ING Group. A major expansion occurred in 2002, when Sümerbank merged with Oyak Bank. The enlarged bank had more than 300 branches throughout Turkey. The operation also had branches in Ireland and Germany, according to the reference article. These activities gave the bank a broader geographic and operating base before its change in ownership. In December 2007, ING Group acquired Oyak Bank. The Turkish institution subsequently became ING's local banking subsidiary and operated under the ING Bank name. Its business scope includes retail banking for individuals and commercial banking for businesses, supplemented by associated insurance and asset-management products. The available source material does not establish a detailed account of later organizational changes, current management, financial performance or present-day branch numbers.
- 2007
Oyak Bank joined ING Group
[1]ING Group acquired Oyak Bank in December 2007, bringing the Turkish institution into the ING organization.
- 2002
Sümerbank merged with Oyak Bank
[1]The merger substantially enlarged the bank's Turkish branch network, which exceeded 300 branches according to the reference.
- 1996
The institution became Oyak Bank
[1]After OYAK acquired the other shareholders' interests and became sole owner, the bank adopted the Oyak Bank name.
- 1991
The bank was renamed Turkish Boston Bank A.Ş.
[1]The Turkish institution again used the Turkish Boston Bank A.Ş. name.
- 1990
The Turkish operation began operating independently
[1]The institution was described as operating independently from 1990, with Alarko, Cerrahoğlu and OYAK holding majority stakes.
- 1984
First National Bank of Boston opened an Istanbul branch
[1]The banking operation that later became associated with ING Turkey began when First National Bank of Boston established a branch in Istanbul.
Products and positioning
A Turkish universal-banking operation combining retail and commercial banking under the ING Group brand.
Banking
Retail banking
ING Turkey provides banking services to individual customers. The available reference identifies retail banking as a core activity, but does not enumerate specific current account, card, mortgage or digital-banking products.
Banking
Commercial banking
The Turkish subsidiary serves businesses through commercial banking. The source confirms this business area but does not provide a detailed breakdown of corporate lending, transaction banking or treasury products.
Financial services
Insurance and asset-management products
The ING Turkey operation is described as offering related financial products including insurance and asset management alongside its banking services. Specific products, providers and distribution arrangements are not identified in the supplied material.
Controversies
2026
ING named among clients affected by Ceva Logistics data breach
Ceva Logistics, a subsidiary of CMA CGM Group, disclosed a data breach that impacted its European contract logistics operations, affecting eight warehouses. The company notified impacted customers on August 1. Client Valve stated the cyber-attack lasted from July 29 to August 1 and that hackers may have obtained names, email and home addresses, phone numbers and order details. Other impacted clients include Bol, De Bijenkorf, Ajax and ING.
2026
Ceva Logistics data breach disrupts shipping and exposes customer data
A data breach at shipping and warehousing company Ceva Logistics began on July 29, 2026, causing shipping delays and exposing customer data. Ceva's customers, including Bol, Valve (Steam hardware), Ajax, ING, and Ace & Tate, reported that their customers' shipping information was affected, with some orders delayed or canceled.
2026
Ceva Logistics cyberattack and data breach
Ceva Logistics experienced a cyberattack that affected eight European warehouses and resulted in theft of customers' personal information from its systems. The incident caused shipping delays; Ceva said its investigation was ongoing and that some affected applications and services were back online.
Brand decisions
2007
ING Group acquired Oyak BankM&ABackground
Oyak Bank was an established Turkish bank with a large domestic branch network following its merger with Sümerbank.
Action taken
ING Group acquired the institution in December 2007, making it the group's Turkish banking subsidiary and leading to the use of the ING brand.
Aftermath
The former Oyak Bank operation became ING Bank in Turkey and continued serving retail and commercial customers.
Recent events
Reported
ING announces about 400 wholesale banking job cuts[5]
ING announced plans to cut about 400 jobs worldwide in its wholesale banking division, with the cuts scheduled for 2027. The article says ING did not specify which locations or roles would be affected.
Reported
ING announces planned Wholesale Banking rename[5]
ING announced that it plans to rename Wholesale Banking as Corporate and Institutional Banking, effective March 1, 2027.
Reported
Ceva Logistics discloses data breach affecting European contract logistics operations[2]
Ceva Logistics, a subsidiary of CMA CGM Group, disclosed a data breach that impacted its European contract logistics operations, affecting eight warehouses. The company notified impacted customers on August 1. Client Valve stated the cyber-attack lasted from July 29 to August 1 and that hackers may have obtained names, email and home addresses, phone numbers and order details. Other impacted clients include Bol, De Bijenkorf, Ajax and ING.
Reported
Ceva Logistics cyberattack and data breach[4]
Ceva Logistics experienced a cyberattack that affected eight European warehouses and resulted in theft of customers’ personal information from its systems. The incident caused shipping delays; Ceva said its investigation was ongoing and that some affected applications and services were back online.
Reported
Ceva Logistics data breach disrupts shipping and exposes customer data[3]
A data breach at shipping and warehousing giant Ceva Logistics, which began on July 29, 2026, caused shipping delays and exposed customer data. Ceva's customers including Bol, Valve (Steam hardware), Ajax, ING, and Ace & Tate reported that their customers' shipping information was affected, with some orders delayed or canceled.
Reported
ING appoints Marnix van Stiphout to senior roles[6]
ING appointed Marnix van Stiphout as chief operations officer and chief transformation officer and as a member of the Management Board Banking; he was due to take up the position on 1 September 2021.
- Unconfirmed
Reported
Lucara secured financing for the Karowe underground expansion[7]
Lucara secured commitments for US$220 million in senior debt facilities, comprising a US$170 million project finance facility for the underground project and a US$50 million working capital facility. The financing, together with equity financings and projected cash flows, fully funds the Karowe Underground Expansion Project.
Reported
ING announces execution-fee-free ETF savings plans in Germany[8]
ING announced execution-fee-free ETF savings plans for German customers. The source says customers can invest in savings plans from EUR 1; it does not establish a more specific launch date.
Reported
ING Belgium partners with Minna Technologies on subscription management service[9]
ING Belgium partnered with Minna Technologies on a subscription management service available to the bank's customers within the ING application. The service gives customers an overview of active subscriptions and allows them to cancel subscriptions or switch to alternatives.
Reported
ING appoints Steven van Rijswijk as CEO and chairman[10]
ING appointed its current chief risk officer, Steven van Rijswijk, to take over from Ralph Hamers as CEO and chairman from July 1.
Sources11 sources
- 1ING (Turkey)en.wikipedia.org
- 2ING named among clients affected by Ceva Logistics data breachinfosecurity-magazine.com
- 3Ceva Logistics data breach disrupts shipping and exposes customer datafinance.yahoo.com
- 4Ceva Logistics cyberattack and data breachtechcrunch.com
- 5ING宣布批发银行部门裁员约400人jobsnhire.com
- 6ING任命Marnix van Stiphout担任高管职务finanznachrichten.de
- 7Lucara 为 Karowe 地下扩建项目取得融资globalminingreview.com
- 8ING宣布在德国推出免执行费ETF定投计划thepaypers.com
- 9ING Belgium与Minna Technologies合作推出订阅管理服务crowdfundinsider.com
- 10ING任命Steven van Rijswijk为首席执行官兼董事长dutchnews.nl
- 11北京银行与ING同意续签战略合作协议finance.sina.com.cn
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