ING Kicks Off Sale of French Retail Mortgage Loan Portfolio [BNN Bloomberg (Canada)]
![BNN Bloomberg](../../../Content/images/providers/BNN Bloomberg.png)
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: BNN Bloomberg
The Amsterdam-based bank began reaching out to potential institutional investors in recent weeks, the people said, speaking on condition of anonymity. The transaction could be worth around €2 billion ($2.2 billion), one of the people said. The sale is at an early stage and the terms of the deal could be subject to change, the people said. A spokesperson for ING declined to comment. The move to sell assets follows ING announcing in December 2021 that it's exiting the retail business in France and continuing its wholesale banking activities in the country. While the Dutch lender reached an agreement with Boursorama last year to allow its retail clients in France to move to the digital banking unit of Societe Generale SA, its consumer and home loans portfolio was not included in the deal. ING is marketing the deal not long after Orange Bank SA also kicked off a process to sell €1.9 billion of French home and consumer loans. ©2024 Bloomberg L.P. Top Picks Top Stories Banks
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- Federal Reserve leaves key interest rate unchanged amid signs inflation is starting to slow further [Yahoo! Finance]Yahoo! Finance
- Federal Reserve leaves key interest rate unchanged amid signs inflation is starting to slow further [MSNBC.com]MSNBC.com
- Oil price news: Oil rises after industry data points to lower U.S. stockpiles [BNN Bloomberg (Canada)]BNN Bloomberg
- Oil Holds Gain as Industry Report Points to Lower US Stockpiles [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Macron’s Call for Elections in France Adds to Fears of Financial Woes [The New York Times]The New York Times
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 6/12/24 - Form 11-K
- 6/11/24 - Form 6-K
- 6/4/24 - Form 6-K
- ING's page on the SEC website