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                                                                   EXHIBIT 23(h)
 
                        CONSENT OF INDEPENDENT AUDITORS
 
We consent to the references to our firm under the captions "Summary -- ING
Summary Selected Consolidated Financial Data", "Selected Consolidated Financial
Data of ING" and "Experts" and to the use of our report dated April 3, 1997, in
the Registration Statement (Form F-4) and related Prospectus/Proxy Statement of
ING Groep N.V. dated September 22, 1997.
 
Amsterdam, The Netherlands
September 18, 1997
 
/s/ Moret Ernst & Young Accountants