MREL callables enter mainstream as ING debuts product

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MREL callables enter mainstream as ING debuts product

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HG1GCG ING Bank logo sign outside main office in Brussels, Belgium | Alamy Stock Photo

ING slapped a one year call option on a senior deal from its holding company on Tuesday — a practice that is rapidly becoming the norm for European banks considering how to meet their minimum requirements for own funds and eligible liabilities (MREL).

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