ING's (ING) divestment of global assets to meet EU directives continues apace as the Dutch bank...

|About: ING Groep N.V. (ING)|By:, SA News Editor

ING's (ING) divestment of global assets to meet EU directives continues apace as the Dutch bank confirms that it's selling its Malaysian life-insurance operations to Hong Kong's AIA Group, with the deal worth €1.3B and providing ING a net gain of €780M. ING is now continuing the process of selling other Asian insurance and investment management businesses. (PR)