ING Bank of Canada not impacted by ING Canada transactions



    TORONTO, Feb. 3 /CNW/ - 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 Canada

    ING DIRECT is Canada's largest direct bank with over 1.6 million Clients
and more than $24 billion in total assets. ING DIRECT gives 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 $3.6 billion in interest. For more
information visit www.ingdirect.ca.





For further information:

For further information: about ING DIRECT Canada, contact: Lisa
Naccarato, ING DIRECT, (416) 758-5072, lnaccarato@ingdirect.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890