ING News

ING to Push Ahead with Insurance IPOs, Divestments

Dutch financial services group ING said on Thursday it was on track to list its U.S., European and Asian insurance units and to divest other businesses to repay state aid. ING, which received €10 billion [$14.8832 billion] of state aid …

ING to Repay 70% of Dutch State Aid by May 2011

Dutch bancassurer ING outlined plans for the expected early repayment of state aid it received during the credit crunch, further evidence of the Dutch financial sector’s recovery from the crisis. ING said on Monday that by May 2011 it will …