ING finalizes sale of Russian unit to Global Development JSC

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Dutch bank ING leaves Russian market after 30 years - HotNews.ro

Dutch banking giant ING announced on Tuesday that it has finalized an agreement to sell its operations in Russia, a deal that marks the company's exit from the country after three decades, The Moscow Times writes. The bank…

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ING Ends Activities In Russia With Sale Of Business To Global Development JSC

ING Group (ING), a Dutch financial major, said on Tuesday that it has reached a deal to sell its business in Russia to Global Development JSC, a Russian company owned by a Moscow-based investor.

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Dutch Bank ING Seals Deal To Exit Russia

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ING to Sell Its Business in Russia to Global Development JSC

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Dutch bank ING to exit Russia after striking deal with Moscow investor

Dutch bank ING Groep said on Tuesday it had reached an agreement to sell its business in Russia to local company Global Development JSC, taking a 700-million-euro ($730 million) hit to its profits and showing that Western banks still have a route to exit the country.

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Dutch Bank ING Seals Deal to Leave Russia After 30 Years

Dutch banking giant ING announced Tuesday that it finalized a deal to sell its operations in Russia, marking the company’s exit from the country after three decades.