ING Direct

ING Direct is a marketing name for a branchless direct bank with operations in Australia, Canada, France, Germany , Austria , Italy, Spain, United Kingdom and the United States. It offers services over the Internet, phone, ATM or by mail. Their principal product is high-interest savings accounts, with no service charges or minimum account balance requirements. ING Direct is subsidiary of the Netherlands based company ING Group. ING Group covers 85 million private, corporate and institutional clients in 50 countries with a workforce of over 130,000 people. On Sunday October 19, 2008, ING Group... accepted a capital injection plan by the Dutch Government. The plan will supply €10 billion into the operation, in exchange for securities, and veto rights on major operations and investments. A portion of the €10 billion was allocated to ING Direct ING Direct Canada is the marketing name of ING Bank of Canada, a branchless or virtual bank in Canada founded in 1997. ING Direct Canada opened four Café's in major cities of Toronto , Montréal, Calgary and Vancouver.
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