ENXTAM:INGABanks
A Look At ING Groep (ENXTAM:INGA) Valuation After Terminating Planned Sale Of Russian Unit
Event driven focus on ING Groep after Russia exit setback
ING Groep (ENXTAM:INGA) is back in focus after it ended the planned sale of its Russian subsidiary, ING Bank Eurasia, to Global Development, citing a lack of realistic regulatory approval prospects.
The bank still plans to exit Russia and has cautioned that any alternative route is likely to carry a broadly similar financial cost to the abandoned deal, keeping investors focused on potential earnings impact and capital flexibility.
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