ING in Russia

ING in Russia

ACRA assigns AAA(RU) to ING BANK (EURASIA) JSC

The credit rating of ING BANK (EURASIA) JSC stems from the Bank’s strong business profile, strong capital adequacy, adequate risk profile, and strong liquidity.

The credit rating has been assigned to ING BANK (EURASIA) JSC for the first time.

A detailed information can be found here.

 

 

The Analytical Credit Rating Agency (ACRA) was established November 20, 2015. The list of its shareholders includes 27 major Russian companies and financial institutions each holding a share of 3.7% of its share capital, which totals over RUB 3 bln. The Agency operates in compliance with the latest regulatory requirements, and its main objective is to provide the Russian market with a high-quality rating product.

 

 

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s 52,000 employees offer retail and wholesale banking services to customers in over 40 countries. ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

ING Bank (EURASIA) JSC is one of the leading foreign financial institutions in Russia servicing major Russian as well as international corporate and institutional clients. The bank operates in Russia since 1993. General license of the Central Bank of the Russian Federation No 2495. Enjoys leading positions in the Russian debt capital market being an acknowledged expert in the area through years.