ING.

ING, a Dutch insurance and banking group, sold its 49% stake in Mexican insurance company Seguros Bital to Grupo Financiero Bital, a subsidiary of HSBC Holdings, for US$148 million. ING and Grupo Financiero Bital formed Seguros Bital as a joint venture in 1998.

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Title Annotation:	ING Bank; Mexico
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	1MEX
Date:	Aug 1, 2003
Words:	44
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Topics:	Bank investments Investments Banking industry Investments Insurance industry Investments Securities

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