ING Groep ADR Rep 1 Ord Shs ING

Optimists opportunity

[prested]

For thosewho believe that the Russia/Ukraine war will be settled and a slow return to normal trade resumed this is an excellent opportunity to buy one of the best European bansks and a dividend of 6% based on today's shre price. For those who believe the conflict will not be resolved, sell every share in everythig you have.

[rad10]

Unfortunate completion of NCIB. Horrible situation.

[prested]

Not sure wat you mean. Why is the NCIB horrible? Because they paid a much higher price thanthe current? Or, are you referring to the situation in Ukraine which is indeed horrible?    As far as ING involvement in Russia it is my understanding that of the 600 billion in loans only 5% is in Russia. 6 billion more than anyone would want to see for sure, but not cripling IMO, and given that

[rad10]

just unfortunate timing of the NCIB - buying shares at a higher price for cancellation.  Terrible situation in the Ukraine - but exposure to this area is very limited.  Its a great buy at these levels