Government payments will be arranged by ING in the near future.
After the settlement reached by the Public Prosecution Service (OM) with the bank because of the money laundering affair, the contract that ING had with the government as a house banker was not automatically renewed.
Minister of Finance Wopke Hoekstra opened the tender, but included stricter rules, because the bank could not be excluded just like that.
Nevertheless, ING emerged as the winner.
Although ING has made "serious mistakes" and admitted it, the bank has taken "self-cleaning measures" that meet the conditions.
The fact that former ING CEO Ralph Hamers is nevertheless being prosecuted for his role in the money laundering affair has no influence on the tender.
The rules stipulate that only a possible conviction of current drivers could throw a spanner in the works.
In 2018, ING reached a settlement of 775 million euros with the Public Prosecution Service for "serious negligence".
The bank did not prevent accounts from being used in money laundering for years.
ING had to score well in the field of sustainability and corporate social responsibility to be eligible.
The bank simply had the best price-quality ratio, Hoekstra writes to the Lower House.
As a result, ING won from Rabobank.
A 'waiting room agreement' is concluded with the runner-up.
Should the two-year contract with ING be terminated prematurely, central government can conclude an agreement with Rabobank without a new tendering procedure.