• Short Name: ING Grupo Financiero

• Address: Bosque de Alisos # 45-B, Piso 4, Bosques de Las Lomas

• Phone: 52-55-52582000

• Fax: 52-55-52592600

• City: Ciudad de México

• State: Distrito Federal

• Zip Code: 05120

• Country: Mexico

• Website: http://www.inggrupofinanciero.com

• General Email: help.desk.prod@americas.ing.com

• Regional Presence: Mexico

Description:

ING Grupo Financiero is the financial holding company for ING's operations in Mexico, which include banking, asset management, pension fund management and insurance. Banking subsidiary ING Bank (Mexico) is the country's eighth largest commercial bank, with assets of 22.5bn pesos (1.3% mkt. share) and loans of 3.04bn pesos (0.32% mkt. share).

Last Update: Thursday, August 21, 2008

Research by: María José Arredondo

Related News & Research:

Related News

• Foreigners buy 71.5% of SulAmérica share offering Ins 13/Nov/07 - Brazil
• ING aims for top spot in LatAm pension, insurance biz Ins 22/Aug/07 - Regional
• ING appoints new LatAm chief Ins 21/Aug/07 - Regional
• ING rebrands insurance, pension businesses Ins 30/Jan/07 - Mexico
• Fitch affirms ratings on ING unit Bank 14/Jun/06 - Mexico
• ING pays US$452mn in hurricane claims Ins 21/Apr/06 - Mexico
• Comercial América 2005 losses narrow 67% Ins 15/Mar/06 - Mexico
• S&P affirms ING Bank ratings Bank 16/Feb/06 - Mexico
• ING LatAm earnings fall 22% in 2005 on hurricanes, Chile Ins 16/Feb/06 - Regional
• Comercial América earnings fall 28% on weak underwriting Ins 07/Dec/05 - Mexico

Related News & Research

Related News

• Foreigners buy 71.5% of SulAmérica share offering Ins 13/Nov/07 - Brazil
• ING aims for top spot in LatAm pension, insurance biz Ins 22/Aug/07 - Regional
• ING appoints new LatAm chief Ins 21/Aug/07 - Regional
• ING rebrands insurance, pension businesses Ins 30/Jan/07 - Mexico
• Fitch affirms ratings on ING unit Bank 14/Jun/06 - Mexico
• ING pays US$452mn in hurricane claims Ins 21/Apr/06 - Mexico
• Comercial América 2005 losses narrow 67% Ins 15/Mar/06 - Mexico
• S&P affirms ING Bank ratings Bank 16/Feb/06 - Mexico
• ING LatAm earnings fall 22% in 2005 on hurricanes, Chile Ins 16/Feb/06 - Regional
• Comercial América earnings fall 28% on weak underwriting Ins 07/Dec/05 - Mexico

Related Research Reports

• Standard & Poor's confirma calificaciones de ING Bank (México)
• S&P: Seguros ING S.A. De C.V. Ratings Not Affected By Court Decision
• Standard & Poor's asigna calificación de 'mxA-1+' al programa de certificados bursátiles de corto plazo de ING Hipotecaria
• Moody's de Mexico Downgrades ING9
• Standard & Poor's califica con 'mxAA+' a la segunda emisión de certificados bursátiles de ING Hipotecaria
• Fitch Assigns 'BBB+' IDR to ING Bank (Mexico); Outlook Stable
• S&P: Seguros ING S.A. de C.V. Rating Affirmed At 'BBB+'; Outlook Stable
• S&P confirma calificaciones de ING Hipotecaria e ING Arrendadora tras decisión de mantenerlas dentro del grupo ING
• Standard & Poor's: ING Bank Mexico S.A. Rated 'BBB+/A-2'; Outlook Stable
• Moody's assigns first-time ratings to ING Bank (México), S.A.
• Fitch Ratings ratifica en 'AAA(mex)' y 'F1+(mex)' las calificaciones de riesgo contraparte de ING Bank (México)

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