- Published: January 2011
- Region: Italy
ING Groep N.V. Apr 11
- Published: April 2011
- Standard & Poors
Strong domestic banking and insurance franchises. Good geographic diversification in both banking and insurance. Strong rebound in profitability of banking operations and sound capitalization of ING Bank. Some execution risks remain in group restructuring. Uncertainty around future timing and proceeds of required divestments. Insurance earnings depressed by challenging operating environment and de-risking initiatives. ING Groep N.V. (ING) is the Netherlands-incorporated nonoperational holding company of the ING group, active in both banking and insurance operations internationally, primarily through ING Bank N.V. and ING Verzekeringen N.V. (INGV), respectively. In October 2009, ING announced that, as required by the European Commission's (EC) state aid investigation, it would divest of its insurance operations by the end of 2013. As a result, Standard & Poor's...
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- ING Groep N.V.
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- ING Belgium S.A./N.V.
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- ING Life Insurance & Annuity Co.
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- Internationale Nederlanden (U.S.) Funding Corp.
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- ING Bank (Australia) Ltd.
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- ING Bank Mexico S.A.
- ING Arrendadora S.A. de C.V.
- ING Hipotecaria S.A. de C.V. S.F.O.M., E.N.R.
- ING Re (Netherlands) N.V.
- ING Security Life Institutional Funding
- Lion Connecticut Holdings Inc.
- ING Bank N.V. (Sydney Branch)
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- Nationale-Nederlanden Levensverzekeringen Maatschappij N.V