In Belgium, Economic Research is a group of 4 economists directed by Peter Vanden Houte. They are part of ING’s international Economic Research network. This network gathers and coordinate ING Group economists throughout the world, under the leadership of Mark Cliffe, ING Group’s Chief Economist.
Economic Research aims at providing ING as well as its clients with studies on the financial and economic environment. Each economist has been attributed a specialization (for a country or an analytical field): Eurozone countries analysis is for example steered from Brussels by Peter Vanden Houte, Chief Eurozone Economist. These analyses allow each economist to contribute to ING’s global macroeconomic forecasting scenario, which is updated every month (and is published as the Monthly Economic Update, summarized and translated in Belgium in both French and Dutch). Together, these analyses allow ING to answer any request regarding economic questions in most countries and to dispose of an independent economic analysis for its own strategy. Thanks to that, ING can also better inform its own clients.
As Belgium is a very important home market for ING, economists in Brussels have been developing particular skills for the Belgian market. They are translated into several publications as the “Investor Barometer” and the “ING Focus”. Economic policy, monetary policy, labour market, real estate market, saving behaviours, “consumer economics” are therefore topics which are covered on top of the usual country-based specializations. Most of these publications are available on this website and are often picked up by the general and financial press.
This table gives you an idea of the current composition of ING Group’s Economic Research team