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ING Groep ADR Rep 1 Ord Shs ING

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.


NYSE:ING - Post by User

Post by prestedon Mar 11, 2023 1:00pm
175 Views
Post# 35332614

US Bank failure

US Bank failureThe fall of the Silicon Valley Bank will send shock waves through the sector no dobt. But it shows the need for resreves and ING has the highest of any bank in the world, so eventually this will be seen for  what it is. Meanwhile, we can expect some trubulance in the sector and this IMO is an opportunity to get ING at a bargain rate. GLTA
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