ING Groep Ends Planned Sale of Russian Unit, Pursues Alternative Exit
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ING Groep ( (ING) ) just unveiled an announcement.
ING Groep announced on April 7, 2026 that it has terminated the previously agreed sale of its Russian subsidiary, ING Bank (Eurasia) JSC, to Global Development JSC, originally disclosed on January 28, 2025. The move follows an assessment that the buyer is unlikely to secure required approvals, prompting ING to consider alternative options to leave the Russian market.
The Dutch bank reiterated that it sees no future for its operations in Russia and remains committed to exiting, noting that any alternative scenario should have a broadly similar negative impact of about seven basis points on its CET1 ratio as the abandoned deal. Since February 2022, ING has stopped taking on new Russian business, sharply scaled down operations and cut offshore exposure to Russian clients by almost 90% to €0.6 billion by year-end 2025, signalling a continued managed withdrawal that should be closely watched by investors and regulators.
The most recent analyst rating on (ING) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on ING Groep stock, see the ING Stock Forecast page.
Spark’s Take on ING Stock
According to Spark, TipRanks’ AI Analyst, ING is a Outperform.
Overall score driven primarily by mixed financial performance (notably leverage and negative free cash flow) balanced by favorable technical momentum and supportive valuation. The latest earnings call adds incremental strength via upgraded guidance and ongoing capital returns, tempered by higher risk costs and capital/RWA headwinds.
To see Spark’s full report on ING stock, click here.
More about ING Groep
ING Groep N.V. is a global financial institution with a strong European base, offering retail and wholesale banking services through ING Bank to customers in over 100 countries. The group, which emphasizes sustainability and has received high ESG ratings from providers such as MSCI and Sustainalytics, is listed in Amsterdam, Brussels and on the New York Stock Exchange.
Average Trading Volume: 3,112,085
Technical Sentiment Signal: Buy
Current Market Cap: $74.86B
For an in-depth examination of ING stock, go to TipRanks’ Overview page.
