ING Unites Processing in Budapest
OPERATIONS AND STP
BUDAPEST--ING plans to set up a European processing center in Budapest, Hungary by the second half of this year, according to bank officials.
The recent move is part of a global strategy to cut costs and increase efficiency by consolidating back-office functions group-wide.
The new regional center will integrate all back-office administration from six of ING’s European branches in Budapest, Bratislava, Sofia, Vienna, Prague and Bucharest, officials say.
Maarten de Jong, currently deputy CEO of ING
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