Worries are mounting at ING as reports indicate that up to 15,000 more clients may face account closures although it was assured that no jobs will be compromised.

In May, ING informed 30,000 clients that their accounts would be closed, advising them to transfer their funds to other banks. Most of these clients only hold a current account with ING, which they rely on for everyday transactions.

Concerns are now emerging about a potential second wave of account closures at ING, with reports circulating that another 15,000 clients could be affected. Specific figures have not been disclosed, but union representatives have expressed their apprehension.

On Tuesday, after a two-month hiatus, unions met with the bank's management. Unfortunately, few details were shared regarding account closures or staff reductions.

The ALEBA (Luxembourg Association of Bank and Insurance Employees) and LCGB (Luxembourg Confederation of Christian Trade Unions), part of the delegation, welcomed the revival of social dialogue but indicated that no social plan is anticipated. The bank assured that there would be no job losses next year and intends to retrain employees through internal training programs. However, they did not provide specific details regarding these initiatives.