Who took over ING insurance?

AIA Group Ltd.
ING announced today that it has completed the sale of its insurance operations in Malaysia to AIA Group Ltd. (AIA) with a net transaction gain of approximately EUR 750 million after tax.

Does ING still exist?

Since the creation in 2012, ING Bank is a member in the list of global systemically important banks. In 2020, ING had 53.2 million clients in more than 40 countries.

Does ING have insurance?

Just quietly, ING Home and Contents Insurance is award winning too. ING Home & Contents Insurance won the 2019 Mozo Experts Choice Award ‘Exceptional Value’, recognising insurance that’s among the best-priced for the main features it offers. Another great reason to insure with us.

Who owns ING Direct?

ING Group
ING Bank N.V.
ING Australia/Parent organizations

Is ing under AIA?

The group has started to reconstruct its organisation and has focused on training and re-branding ING as part of an AIA entity through one operating platform and one brand.

Is ING covered by government guarantee?

Over 1,700 employees. Holder of an Australian banking licence since 1994. Regulated by the Australian Prudential Regulation Authority (APRA), like all banks. Combined savings balances of up to $250,000 per customer are guaranteed by the Australian Government.

Is ING approved by BSP?

The Bangko Sentral ng Pilipinas (BSP) recently awarded ING Bank as this year’s “Outstanding Partner for Innovative Mobile Financial Services” for its efforts to give access to millions of unbanked and underserved Filipinos through its all-digital banking platform.

Is Capital One 360 the same as ING Direct?

According to an email sent to customers, ING Direct will become Capital One 360. The move follows Capital One’s acquisition of ING Direct USA, the largest direct bank in the country, last June. “But on the inside, it’s the same ING Direct you’ve come to know and love.”

What happened ing?

In February 2012, Capital One Financial Corp. bought ING Direct from ING Group for $6.3 billion in cash and 54 million Capital One shares, a 9.7% ownership stake. All accounts were subsequently rebranded to Capital One 360 accounts.

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