ING Banking Group is selling its Russian subsidiary ING Bank (Eurasia) to a Moscow-based financial investor. Source: ING’s statement Quote: "ING announced today that it has reached an agreement on the ...

Under ING's agreement ... in 2022 triggered a wave of economic sanctions on the country. Raiffeisen is the biggest Western bank still in Russia. It has made billions of profits in the past ...

Dutch bank ING has agreed to sell its Russian business to a Moscow-based company, taking a €700mn hit to profits and ending its activities in the country nearly three years after the Kremlin’s ...

Dutch bank ING to exit Russia after striking deal with ... when asked whether Austrian bank Raiffeisen's assets were vulnerable after a Russian court ordered it to pay 2 billion euros ($2.08 ...

By Mateusz Rabiega and Tommy Reggiori Wilkes LONDON (Reuters) -Dutch bank ING Groep said on Tuesday it had reached an ...

Following the transaction, ING will continue to reduce its offshore exposure to Russian clients. Background: The Russian government stated it would block any attempts by Raiffeisen Bank ...