Ing To Take Government Guarantees, Ceo Steps Down

Reuters: Business News, Reuters: Business
Mon, 01/26/2009 - 1:23am

AMSTERDAM (Reuters) - Dutch financial group ING will take a 2008 loss of 1 billion euros ($1.3 billion) and will tap into 22 billion euros of Dutch state loan guarantees for its troubled loan portfolio, it said on Monday.

Topics: amsterdam reuters dutch ing dutch guarantees billion euros loan

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Ing To Take Government Guarantees, Ceo Steps Down

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