ING announced today that on 1 July 2007, it has closed the sale of
Regio Bank to SNS REAAL.
As previously announced on the 14 May 2007, the transaction results
in a net profit of about EUR 25 million for ING Group and an increase
of 3 basis points on the Tier-1 ratio of ING Bank N.V.
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| Press enquiries: ING Group |
| Nanne Bos, +31 (0) 20 541 6516, nanne.bos@ing.com |
| |
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ING is a global financial institution of Dutch origin offering
banking, insurance and asset
management to over 60 million private, corporate and institutional
clients in over 50 countries.
With a diverse workforce of about 120,000 people, ING comprises a
broad spectrum of
prominent companies that increasingly serve their clients under the
ING brand.
