Founded in 1883 and located in the centre of Amsterdam, the Netherlands, BMG is an independently operated subsidiary of the ING Group (as part of Wholesale Banking[2]).

Bank Mendes Gans is a worldwide renowned niche player in the area of liquidity and information management for large multinationals.

With guidance of the American company and shareholder Dow Chemical, Mendes Gans focused on cash management in the sixties.

As result of the Nazi occupation of the Netherlands, Isaak Mendes fled during the hectic 'May days' of 1940 to the south of France, where he died in poverty at the age of 70 before the war ended.

ING Bank N.V. gradually purchased 99% of the BMG shares from main shareholders Philips Finance Company, Manufacturers Hanover Trust (currently JP Morgan Chase) and Dow Chemical.