New name and visual identity to officially launch in spring 2014
TORONTO, Nov. 5, 2013 /CNW/ - ING DIRECT announced today that, effective
spring 2014, it will operate under the new name Tangerine. The Bank
also revealed its new visual identity at a unique unveiling event held
today at the Toronto Centre for the Arts for employees, partners and
media, and via live stream for clients.
"Tangerine and the new visual identity exemplify everything ING DIRECT
has represented since its start in Canada in 1997, specifically its
continued focus on being an innovative and progressive alternative for
Canadians who embrace forward banking and banking in a direct way,"
said Peter Aceto, President and CEO, ING DIRECT. "We're very excited
about the new name because it reflects everything our clients love
about us and what everyday banking can be: simple, flexible,
accessible, progressive and innovative."
When Tangerine launches next spring, clients and all Canadians will
continue to experience all they have come to love about ING DIRECT:
legendary customer service, leading savings products and a no-fee daily
chequing account. Over the next several years the Bank plans to develop
new products and services to further its mission to simplify everyday
Tangerine is the result of the culmination of a 12 month process whereby
ING DIRECT consulted with more than 10,000 Canadians, employees and
clients, through qualitative and quantitative research. The process was
focused on a fundamental need to stay true to ING DIRECT's simple,
progressive and transparent approach to banking, while also reinforcing
to clients and employees a continued focus on innovation.
"This marks a very exciting milestone for the ING DIRECT team as they
embark on readying Tangerine for its formal rollout in spring 2014,"
said Anatol von Hahn, Scotiabank's Group Head, Canadian Banking.
"Tangerine is a bold name for a bold business, and we look forward to supporting
Tangerine as they grow and offer innovative solutions for customers."
ING DIRECT was acquired as a wholly-owned subsidiary of Scotiabank in
2012, and is required to change its name and visual identity in 2014.
Although ING DIRECT will continue to operate under its current name in
the interim, the public is encouraged to visit www.tangerine.ca to watch a behind-the-scenes video of The Making of Tangerine, as well
as other information related to the transition.
About ING DIRECT
ING Bank of Canada, operating under the trade name of ING DIRECT, is a
wholly owned subsidiary of Scotiabank. ING DIRECT is Canada's leading
direct bank with over 1.8 million Clients and close to $40 billion in
total assets. ING DIRECT is a bright way forward in everyday banking
for Canadians, offering value added, simple products such as high
interest savings accounts, including TFSAs, GICs and RSPs with no fees
or service charges, mutual funds, low rates on mortgages and a no-fee,
daily chequing account that actually pays interest. ING DIRECT has been
operating in Canada since 1997, and has paid more than $6 billion in
interest to Clients. ING DIRECT is open for banking 24 hours a day, 7
days a week, at ingdirect.ca, on mobile devices at m.ingdirect.ca or by calling 1-800 ING DIRECT (1-800-464-3473).
Video with caption: "Video: The Story of Tangerine.". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20131105_C4351_VIDEO_EN_32972.mp4&posterurl=http://photos.newswire.ca/images/20131105_C4351_PHOTO_EN_32972.jpg&clientName=ING%20DIRECT&caption=Video%3A%20The%20Story%20of%20Tangerine%2E&title=ING%20DIRECT%20%2D%20ING%20DIRECT%20to%20change%20its%20name%20to%20Tangerine&headline=ING%20DIRECT%20to%20change%20its%20name%20to%20Tangerine
Image with caption: "Tangerine (CNW Group/ING DIRECT)". Image available at: http://photos.newswire.ca/images/download/20131105_C4351_PHOTO_EN_32970.jpg
Image with caption: "Peter Aceto, President & CEO, ING DIRECT, reveals the bank is changing its name to Tangerine in 2014. Thousands of Canadians were consulted in selecting the name, which represents the company's progressive approach to banking. This change is the result of ING Groep's 2012 sale of ING DIRECT to Scotiabank. (CNW Group/ING DIRECT)". Image available at: http://photos.newswire.ca/images/download/20131105_C4351_PHOTO_EN_32987.jpg
SOURCE: ING DIRECT
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