Investment Culture Key to European Banking's Future -- Market Talk

Dow Jones

2025/06/04

1405 GMT - The future of European banking hinges on frictionless digital experiences and a shift towards an investment-savvy culture, ING Group's CEO says at the Money20/20 conference in Amsterdam. Steven van Rijswijk notes that there is strong mortgage demand in Europe fueled by economic growth and low unemployment. He also highlights the need for banks to empower everyday individuals to invest safely, even in small amounts. "It if we want to stimulate the economy, we also need to make sure that people invest, invest in companies, invest in SMEs," he says. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

June 04, 2025 10:05 ET (14:05 GMT)

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He also highlights the need for banks to empower everyday individuals to invest safely, even in small amounts. \"It if we want to stimulate the economy, we also need to make sure that people invest, invest in companies, invest in SMEs,\" he says. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2025 10:05 ET (14:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}