You are here

ING trims to size by riding on momentum

"It made a lot of sense that we didn't start with selling the European insurance company." - Ralph Hamers (above)


IN paying down the last of its debt to the Dutch government this month, ING Group has mostly emerged from a six-year bailout scheme that forced deep restructuring.

It also came with sharp timing of sales of its non-core assets, with the bank taking advantage of strong