ING Groep Inching Towards Full Repayment To State

ING Groep NV (ADR) (NYSE:ING) is one step from fully repaying a 2008 bailout and set to meet the deadline of May 2015 agreed to with European Union regulators.

The biggest Dutch financial-services company will return 1.23 billion euros ($1.7 billion) to the government on March 31.

Total payment tops 12 billion euros

ING Groep NV (ADR) (NYSE:ING) is finally coming to the end of five years’ worth of restructuring and divestments, with strong balance sheets and the potential to increase payouts significantly over the next few years.

Citi analysts, in their recent report, highlight the strong performance of ING Groep...