ING still dormant after €9bn SME securitization

Tom Porter

April 28, 2014 01:00 PM

ING branch large — CLUJ NAPOCA, ROMANIA - AUGUST 26: ING Bank branch on August 26, 2012 in Cluj-Napoca. ING Group serves customers in 45 countries and had 5.77bn EUR profit in 2011. | Marek SLUSARCZYK

Dutch bank ING has fully retained a second large transaction from its SME Lion programme. The borrower is a rare sight in the public primary markets these days and sources close to the bank said it had no plans to sell SME securitizations externally.

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Tom Porter