Press Release
ING Bank of Canada not impacted by ING Canada transactions
February 3, 2009, Toronto, ON - Today ING Canada announced that ING Groep N.V. (“ING Group”) has agreed to sell part of its shares of ING Canada to focus on other core businesses as communicated in its strategic focus on January 26, 2009. These transactions will not affect ING Group’s ownership of ING Bank of Canada, known as ING DIRECT, which is a separate and distinct company from ING Canada.
For more information about ING Canada, visit www.ingcanada.com
For more information about ING Group, visit www.ing.com
About ING DIRECT
ING DIRECT is Canada's largest direct bank with over 1.6 million Clients and more than $24 billion in total assets. ING DIRECT is giving the power of saving to all Canadians by offering high-value, simple products such as high interest savings accounts with no fees or service charges and low rates on mortgages. ING DIRECT has been operating in Canada since 1997, and since that time Clients have earned more than $3 billion in interest. Clients can bank with ING DIRECT 24 hours a day, 7 days a week, at www.ingdirect.ca or by calling
