ING Groep ADR Rep 1 Ord Shs ING

Financial Services Banks - Global

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.

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ING Groep ADR Rep 1 Ord Shs

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Comment by rad10on Mar 16, 2025 9:24am

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Post# 36495279

RE:Selling half or not.

It's been a great hold. It's still cheap compared to most US banks. Buffett lightening up on BoA, PE is around 14.

ing is around 9. Price to book isn't particularly high either. I don't know anywhere else to deploy capital.

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