Sunday, Oct 19, 2008
Now ING is in trouble
Daily Telegraph: Dutch to inject cash into ING
They are expected to report a loss soon, and are getting a bail-out from the Dutch government,
If you had the maximum limit in Kaupthing, Heritable and ING, you should consider moving some of it very quickly - and if you don't fancy filling claim forms in Dutch, you also need to consider your options.
There is a 20+ minute wait for them to answer the phone at their call centre at the moment
Posted by jonb @ 07:29 PM (954 views) Add Comment
4 Comments
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1. Little Professor said...
Oh hell no. Just been through hell with my Kaupthing savings, now ING are in the sh1tter too. A ten billion euro stock injection from the Dutch government smacks of desperation.
2. Peterw said...
The article makes it quite clear that ING is not in danger, so I don't know on what basis you are suggesting that people withdraw their money from it.
The rumor has no basis that I can see, and as we all know, untrue rumours can be very damaging. What are you playing at?
As for a 20 minute waiting time, this is quite usual across call centers. Try calling Virgin, then 20 mins will look like nothing.
3. alan said...
ING specialise in on-line banking.
It was OK 10 minutes ago.
4. enuii said...
According to the Times it is an injection of €10 billion (£7.8 billion) of fresh capital into ING. I don't like the word injection, injections are what you get if you have a disease or are susceptible to one. Sounds to me like there is something seriously wrong with ING behind the scenes. Plus how come unlike us in the Brown Dictatorship, ING will be free to carry on paying dividends to ordinary shareholders, while still owing the state this not insignificant sum!