What is the reason for the delay in ING's sale?

The delay is due to the buyer, Global Development JSC, not receiving all necessary regulatory approvals.

When was the sale of ING's Russian division expected to be completed?

The transaction was initially expected to be completed in the third quarter of 2025.

What does ING expect regarding the financial impact of the sale?

ING stated that it expects the financial impact of the sale not to be materially different from what was reported earlier.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > ING facing delay in completing the sale of its Russian unit

Finance

ING facing delay in completing the sale of its Russian unit

Published by Global Banking & Finance Review®

Posted on September 26, 2025

1 min read

Last updated: January 21, 2026

ING facing delay in completing the sale of its Russian unit - Finance news and analysis from Global Banking & Finance Review

ING facing delay in completing the sale of its Russian unit

Quick Summary

ING Delays Sale of Its Russian Division to Global Development JSC

Overview of ING's Russian Unit Sale

Transaction Timeline and Expectations

Impact on Financials

Key Takeaways

Frequently Asked Questions about ING facing delay in completing the sale of its Russian unit