ING take importance in bank or Beijing
AMSTERDAM (DUTCH PRESS AGENCY) - ING bank take an
importance of 19.9 percent in the bank or Beijing. ING pay for
that converted 166 millions euro, thus Friday made the company
confessed. ING were already longer in conversation with the bank
or Beijing, but did to now being silent.
ING its eye has left falls on the bank or Beijing, because China
an important place takes in its strategy for future increase.
The Dutch are already present in five cities and can network now
their considerably extend, thus for the of ING.
Thereby it concerns vastgoed, serving companies and individuals
and portfolio management. Also will bring life insurances and
accident insurance to the man to ING. At the end of the year it
becomes possibly also collective insurance, by means of companies,
sell.
Ing-bestuursvoorzitter Michel Tilmant, which the agreement put
Friday in peking signed, that ING with the bank or Beijing improve the
relatively extensive class welgestelden in peking can reach. He
called also the increase possibilities of consumentenbankieren in
China and especially in peking.
The bank or Beijing can use by strategic cooperation of
expertise of ING in the area of consumentenbankieren.
ING provide further the knowledge concerning risk management and
considerable governing board. Also the Chinezen can increase
their assortment products. The Dutch bank - and
verzekeringsconcern get two seats in vijftienkoppige the Council of
governing board of the bank or Beijing.
The bank or Beijing has 116 offices and 272 money automats.
Also the bank is active with e banking, which grows according to
ING rapidly.
He has 3600 employees and end previous year balanstotaal of had
converted 18.9 billion euro.
The bank or Beijing stood as the Beijing city earlier confessed
Cooperative bank, which has originated from fusion of ninety
coöperatieve banks. The bank or Beijing, now still aimed at
businesses, wants obtain future increase especially from the
consumentenbankieren.
According to the expectations soon the international takes
Finance Corporation (IFC), the investment leg of the World Bank, an
importance of approximately 5 per cent in the bank or Beijing.
With that the limit for foreign shareholders has been reached <!
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Source "ING takes importance in bank or Beijing": telegraph
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