Ing completes sale of ing direct canada ing completes sale of ing direct canada. Background to the sale of ing direct usa.
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Sale of ing direct.
Todays announcement marks a further important step in the restructuring of ing group.
The sale of ing direct usa one of the first online banks to secure a sizable customer base appears to have formally begun.
Ing announced on 16 june 2011 that it has reached an agreement to sell ing direct usa for a total consideration of usd 90 billion eur 63 billion at current exchange rates to capital one financial corporation a leading us based financial holding company.
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The capital one mobile app has a 475 star customer rating on the google play store and ranks 6 in the top free finance app category as of 09252019.
Under the terms of the agreement ing will receive usd 62 billion in cash and usd 28 billion in the form of 559 million shares in capital one.
As announced on 9 october 2012 the transaction is a result of ings continuous evaluation of its portfolio of businesses and is in line with ings strategic objectives of sharpening the focus of the bank and further strengthening its capital position.
Bank account holders only.
The dutch bank and insurer ing group is planning to sell its us.
Amsterdam 17 february 2012 ing announced today that it has completed the sale of ing direct usa to capital one as announced on 16 june 2011.
In connection with the sale of ing direct usa ing has reached an agreement with the dutch state to adjust the structure of the illiquid assets back up facility iabfthe amendment serves to delink the iabf from ing direct usa by putting ing bank in its place as counterparty for the dutch state.
Salaries posted anonymously by ing direct employees.
In connection with the sale of ing direct usa ing has reached an agreement with the dutch state to adjust the structure of the illiquid assets back up facility iabfthe amendment serves to delink the iabf from ing direct usa by putting ing bank in its place as counterparty for the dutch state.
Ing announced today that it has completed the sale of ing direct uk to barclays.
Terms and conditions apply.
Ing told dealbook that it is selling the online banking unit to satisfy requirements imposed by the european commission as part of the firms 10.
Dealbook the new york times blog is reporting that it confirmed with ing nv officials that the unit is in play.
Amsterdam 15 november 2012 ing announced today that it has completed the sale of ing direct canada to scotiabank with a net transaction gain of eur 11 billion after tax.
Division of online banking which has 77 million customers the company said.
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