Tag Archives: ING

Over 40 companies in eight European digital hubs opened their C-suite doors this week to students for e-Leaders-for-a-Day initiative

BRUSSELS, 29-10-2014 — /EuropaWire/ — MDs and CEOs of major internationals Accenture, Microsoft, LinkedIn amongst others* opened their C-suite doors this week to students aged 17-22 from high schools and universities in Bucharest, Amsterdam and Barcelona. Industrial Engineering student, Monste Cervera from … Read the full press release

Sovcomflot’s $316m project financing transaction received “The Project Financing Deal of the Year” award

Saint Petersburg, Russia, 5-3-2014 — /EuropaWire/ — Sovcomflot’s $316-mln project financing transaction is recognized by the international shipping magazine Marine Money as one of the best financial transactions in 2013 and receives “The Project Financing Deal of the Year” award. The 10 … Read the full press release

ING completed the divestment of ING Life Korea to MBK Partners

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release

ING sold its wholly owned life insurance business in South Korea “ING Life Korea” to Korea’s largest private equity firm MBK Partners for € 1.24B

Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx. KRW 1.84 trillion (EUR 1.24 billion) ING to hold an indirect stake of around 10% in ING Life Korea for … Read the full press release

ING: De Nederlandse Bank (DNB) announced it maintains ECB AAA curve for Dutch insurance companies

Amsterdam, 06-9-2013 — /EuropaWire/ —  Today De Nederlandse Bank (DNB) announced that it maintains its existing alternative interest rate term structure for calculation of the regulatory Solvency 1 available capital of Dutch insurance companies. The downgrade of the French state on 12 … Read the full press release

ING sold its 50% stake in its Chinese insurance joint venture ING-BOB Life Insurance Company to BNP Paribas Cardif

Amsterdam, 11-7-2013 — /europawire.eu/ — ING announced today that it has agreed to sell its 50% stake in its Chinese insurance joint venture ING-BOB Life Insurance Company to BNP Paribas Cardif, the insurance arm of BNP Paribas. The transaction, which is subject … Read the full press release

ING announced it sold its investment management business in South Korea to Australia based Macquarie Group

Amsterdam, 11-7-2013 — /europawire.eu/ — ING announced today that it has reached an agreement to sell its investment management business in South Korea to Macquarie Group, an Australia-based, global provider of financial services. The transaction is not expected to have a material … Read the full press release