ING Planning to Exit 10 Countries

Jones, Marc
July 2009
Best's Review;Jul2009, Vol. 110 Issue 3, p11
Trade Publication
The article reports on the plan of ING Financial Services to pull out its business operations in ten countries. According to spokeswoman Carolien van der Giessen, the scheme divestment is part of their new overall strategy of focusing on main franchises. The group also gained an underlying net loss of $235.8 million in 2008 due to the decreasing asset prices and market volatility.


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