ING becomes first shareholder of Singular Bank

BarcelonaSingular Bank, the financial entity specialized in private banking, has incorporated the Dutch bank ING and the Mexican investment group Actinver as shareholders, in addition to the manager ProA Capital and numerous family offices. With these incorporations, the bank managed by Javier Marín begins a new phase of growth and expansion. The new shareholders have purchased all the shares that until now were owned by Warburg Pincus. Once the sale of shares and the capital increase have been completed, the Dutch bank ING will become the main shareholder, with a 40% stake. The rest of the capital is distributed as follows: the bank's management team and employees, 15.5% (and they will collectively become the second largest shareholder); ProA Capital, 15%; the Mexican financial entity Actinver, 8%, and the different family offices will add up to 21.5%.

The long-term commitment of the new shareholders, their financial capacity, sectoral experience, and new and important commercial development channels will allow Singular Bank to accelerate its growth while maintaining its focus on service quality for its clients, according to a statement from the entity. Marín, for his part, has stated that with the entry of the new partners, they will be able to expand geographically and improve the value proposition for clients. For ING, the operation fits into its strategy of attracting high earners for management.

Singular Bank, born in 2020 from the transformation of the former Self Bank – one of the first online banks in Spain – registered an operating profit of 5.94 million euros up to June 30, compared to 4.07 million in the same period of the previous year, representing an increase of 47%. Customer managed assets reached 19,477 million euros, 23.4% more than twelve months earlier.

Increase in profits

Singular Bank's recurring net profit stood at 4.1 million euros in the first six months of 2026, compared to a profit of 0.2 million on June 30, 2025. The capital position has improved as a result of organic generation, reaching a CET1, the main solvency measure, of 20.02%.