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ING

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Top Equity Fund General Manager: We’ll Support A Change Of SIF Management
Capital Market

Top Equity Fund General Manager: We’ll Support A Change Of SIF Management

Adrian Tanase, general manger of ING Investment Management, the manager of the largest equity fund, which invested EUR50 million on the stock market, believes that improvement of corporate g...

Radu Bostan · 03.02.2012 · 00:00 · 2 min
ING: Pre-Election Spending To Mitigate Romanian GDP Drop In 1H
Macroeconomics

ING: Pre-Election Spending To Mitigate Romanian GDP Drop In 1H

Romania might be able to fend off some of the external pressure following the economic downturn in the euro zone in the first half of 2012, aided by pre-election spending, but the boost will...

Florentina Dragu · 16.01.2012 · 13:45 · 2 min
ING: Romania Bank Liquidity Shortage Widened In December
Banks-Insurance

ING: Romania Bank Liquidity Shortage Widened In December

The liquidity gap in the Romanian banking system has widened significantly in December, with lenders borrowing on average 4.1 billion lei (EUR0.94 billion) a day from the central bank, well...

Florentina Dragu · 10.01.2012 · 15:27 · 1 min
ING: No Chance For Cheaper Retail Loans
Banks-Insurance

ING: No Chance For Cheaper Retail Loans

A higher appetite for saving money rather than borrowing it, more inquiries about leu loans, the lack of prospects for cheaper loans in general and the decline of the consumer lending market...

Razvan Voican · 18.11.2011 · 00:00 · 3 min
Banks-Insurance

Insurer ING Asigurari De Viata 9-Mo Underwritten Premiums Up 0.8% To RON407.5M

Romanian insurer ING Asigurari de Viata underwrote premiums of 407.5 million lei (about EUR93.5 million) in the first nine months of the year, up 0.8% compared with September 2010, while its...

Ioana Tudor · 03.11.2011 · 17:42 · 1 min
Banks-Insurance

Negritoiu, ING: Can't Build Walls To Keep Capital In

The scenario under which foreign banks will reduce their exposure to Romania because of capital needs is already likely to become reality, not just a risk, and capital repatriations can be s...

Razvan Voican · 02.11.2011 · 00:00 · 3 min
Capital Market

ING Pension Fund Buys 5.5% Stake In Drug Wholesaler Ropharma

An ING private pension fund bought Tuesday a 5.5% stake in medicine wholesaler Ropharma Brasov (RPH.RO), for 9.2 million lei (EUR2.1 million), from companies controlled by businessman Mihai...

Andrei Cîrchelan · 28.09.2011 · 14:29 · 1 min
Banks-Insurance

ING: Romania Likely To Accept Higher Yields At Debt Sales

The Romanian Finance Ministry is likely to accept higher yields to meet its current borrowing targets, after it failed to raise a planned 4 billion lei (EUR0.94 billion) at state auctions in...

Florentina Dragu · 05.09.2011 · 14:37 · 1 min
Banks-Insurance

ING Bank Romania Pretax Profit Up 8% In 1H

Romanian lender ING Bank registered pretax profit of 65 million lei (EUR15 million) in the first six months of 2011, according to IFRS, up 8% compared to the same period of 2010, on lower pr...

Radu Bostan · 21.08.2011 · 13:58 · 1 min