What’s Wrong With ING?
The Fubon bought the life insurance business of ING in Taiwan
Finance of Sina news: on 20th, ING annouced that they has reached an agreement with Fubon to sell its life insurance business in Taiwan, as the transaction price is equivalent to 600,000,000 U.S. dollars.
ING group of Holand sent a rumor of loss, but the largest subsidiary company in Taiwan claimed to be normal operating
China Xinhua Net on Oct.20th reported: according to important news edition in “China Times” of Taiwan today, after AIG broke out financial crisis, ING of Holand also presented the first loss in single-season, which made Aetna Life of the largest subsidiary company of ING in Taiwan be concened more.
Goverment of Holand again handed out to save market with inject 13.4 billion U.S. dollars
To stablize the financial market, the goverment of Holand again adopted the policy of injection of capital. It is reported that the Government of the Netherlands inject funding 10 billion euros (about 13.4 billion U.S. dollars) to the country’s largest financial group, ING corporate.
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