Updated September 28, 2026 · BorrowCue Editorial Team
Banco General vs ING Germany
Banco General vs ING Germany: the differences
| Compare |  Banco General |  ING Germany |
|---|---|---|
| Loan amount | $2,000 to $65,000 | €5,000 to €100,000 |
| Funding time | Fast approval and disbursement | Immediate payout on request, otherwise on a chosen date up to 3 months after approval |
| Eligibility | Age 21 and over, employed in Panama, minimum salary to apply US$225-600 depending on sector, good APC credit references and 2 years job continuity | Of age, good credit standing, private not commercial use, stable monthly income of at least 1,600 EUR, residence and workplace in Germany, salary current account |
| Loan types | Personal, Debt consolidation | Personal, Debt consolidation, Car, Credit lineCovers more |
| APR | Not confirmed | 3.69% to 10.99% |
| Term | Not confirmed | 12 to 120 months |
| Arrangement fee | Not confirmed | 0 EUR |
| Representative example | Not confirmed | Ratenkredit: net loan 15,000.00 EUR over 120 months, effective annual rate 7.22% (fixed nominal rate 6.99% p.a.), monthly instalment 175.63 EUR, total amount 21,075.24 EUR; at least two thirds of customers receive 7.22% or better |
| Rate type | Not confirmed | Fixed |
| Origination fee (%) | Not confirmed | 0% |
| Use cases | Not confirmed | Home improvement |
Same on both: Credit check (Hard), Lender type (Direct lender), Free early repayment (Yes), Credit needed (Good).
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Key differences
- Founded is lower at Banco General: 1955 vs 1965.
- Support channels: only Banco General offers Chat.
- Support channels: only ING Germany offers Email.
- Loan types: only ING Germany offers Car, Credit line.
Our verdict on each
Banco General
Banco General suits Panamanian borrowers with steady employment who want a personal or consolidation loan and quick disbursement from a bank founded in 1955. Free early repayment and phone, chat and help centre help, but hard and good credit references narrow who gets accepted.
ING Germany
ING Germany lends directly to residents with a salary current account, and its instalment loan fixes the rate across terms of 12 to 120. It suits borrowers consolidating debt or funding home improvements, though the hard credit check and good credit standing narrow who qualifies.
Score breakdown
| Area | Banco General | ING Germany |
|---|---|---|
| Cost | 9.2 | 9.4HigherArrangement fee of 0 EUR on a fixed rate of 3.69% to 10.99%, under the 12% typical across the site. |
| Offer | 9.3Direct lender for personal and debt consolidation loans of $2,000 to $65,000, plus Fast approval and disbursement. | 9.4Higher |
| Trust | 9.5 | 9.5 |
Feature by feature
| Loan types | Banco General | ING Germany |
|---|---|---|
| Personal | Yes | Yes |
| Debt consolidation | Yes | Yes |
| Credit line | No | Yes |
| Car | No | Yes |
Positions in our rankings
| Ranking | Banco General | ING Germany |
|---|---|---|
| Personal loans | 254 of 1932 | 264 of 1932 |
| Debt consolidation loans | 58 of 425 | 63 of 425 |
| Mortgages | 39 of 719 | 47 of 719 |
| Remortgage deals | 23 of 351 | 31 of 351 |
| Home equity loans and HELOCs | 10 of 110 | 12 of 110 |
Every fact side by side
| Fact | Banco General | ING Germany |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Not confirmed | Same day funding |
| Legal entity | Banco General, S.A. | ING-DiBa AG |
| Headquarters | Panama | Germany |
| Founded | 1955Lower | 1965 |
| Support channels | Phone, Chat, Help centre | Phone, Email, Help centre |
Mortgages
| Fact | Banco General | ING Germany |
|---|---|---|
| Initial rate | Not confirmed | 4.79% |
| APRC | Not confirmed | 4.93% |
| Fixed period | Not confirmed | 15 years |
| Maximum loan to value | Not confirmed | 100% |
| Product fee | Not confirmed | €0 |
| Purpose | Purchase, First time buyer, Remortgage, Home equityCovers more | Purchase, Remortgage, Home equity |
Where each stands against the rest
| Fact | Banco General | ING Germany | Median |
|---|---|---|---|
| APR | Not confirmed | 3.69% to 10.99%lowest quarter | 8.99 |
| Term | Not confirmed | 12 to 120 monthshighest quarter | 60 |
| Origination fee (%) | Not confirmed | 0%below the median | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Banco General
Pros
- Loans of $2,000 to $65,000 cover both personal and debt consolidation needs
- Free early repayment lets you settle the balance early without extra charge
- Fast approval and disbursement keeps the money moving
Cons
- hard search means an application can affect your credit file
- Eligibility asks for a minimum salary, good credit references and job continuity
- $2,000 to $65,000 tops out below what some mortgage and equity borrowers need
ING Germany
Pros
- Fixed rate of 3.69% to 10.99% on borrowing of €5,000 to €100,000, with terms of 12 to 120 and the rate held for the life of the loan.
- Same-day funding on request, and early repayment is free.
- Regulated in Germany by BaFin, with support on phone, email and help centre.
Cons
- The credit check is hard and credit standing of good is needed, so a thin file is unlikely to pass.
- Eligibility requires a salary current account plus residence and workplace in Germany, so applicants paid elsewhere or based abroad are excluded.
- Support runs on phone, email and help centre only, with no live chat option listed.
Who each suits
Banco General
Who it suits
- Employed adults in Panama with a salary above the stated minimum
- Borrowers consolidating several debts into one repayment
- Anyone who plans to settle the loan sooner than the full term
Who should look elsewhere
- Monzo Flex, if you are not paid in Panama
- Cashspace, if you need a different market and currency
- Anyone building credit with a thin or inconsistent file
ING Germany
Who it suits
- Residents of Germany paid a salary into a current account, applying for a fixed-rate instalment loan.
- Borrowers consolidating debt or planning home improvement, since the lending covers both alongside car loans and a credit line.
- Homebuyers and movers, with home financing at an initial rate of 4.79%.
Who should look elsewhere
- Applicants with a poor credit file, since the check is hard and credit standing of good is required.
- Borrowers who rank lenders purely on the lowest published rate, since Cashspace ES lists 0% against 3.69% to 10.99% here.
- People without a salary current account or living outside Germany, which the eligibility terms require.
Current offers
ING Germany
Current offer
Discount code
Autumn interest discount of up to -0.50% on new Ratenkredit, Autokredit and Wohnkredit: -0.30% on the fixed nominal interest rate, up to -0.50% combined for loan amounts from 40,001 EUR
Applications for new instalment, car or mortgage loans by 04.10.2026; -0.20% extra discount from a loan amount of 40,001 EUR; discount applied automatically in the personal best-rate offer
Source, checked September 26, 2026
Bonus
My ING current account to loan promotion: One month of interest on your Ratenkredit refunded
Open an ING Girokonto within 3 months of taking out the Ratenkredit and use it as a salary current account
Source, checked September 26, 2026
Bonus
Free Girokonto plus 200 EUR on top: 200 EUR
New Girokonto with at least 1,000 EUR incoming payments per calendar month; current account free for customers under 28
Source, checked September 26, 2026
Country by country
| Country | Banco General | ING Germany |
|---|---|---|
| Germany | No | Yes |
| Panama | Yes | No |
Questions about each
Banco General
How much can I borrow from Banco General?+
Personal loans run to $2,000 to $65,000, and the same line covers personal borrowing and debt consolidation. Larger borrowing needs are served by the mortgage products rather than the personal loan. Comparing PHP 500 to PHP 25,000 and £10,000 to £35,000 helps set the size against other lenders.
Does Banco General check my credit?+
Yes. The lender records a hard credit search, and the stated rule is good credit history. Applicants also need a minimum salary depending on sector and a period of job continuity, so a thin file can be turned down at the first step.
ING Germany
What can I borrow from ING Germany for personal use?+
The published lending covers personal, debt consolidation and car borrowing, with home improvement named as a use. Amounts run to €5,000 to €100,000 across terms of 12 to 120, and the rate is fixed for the life of the loan.
What rate do I pay on an instalment loan?+
The advertised rate is 3.69% to 10.99%, quoted for a fixed-rate loan of €5,000 to €100,000 over 12 to 120. The worked example pairs a fixed nominal rate with the effective annual rate, so the effective figure is the one to compare across lenders.