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ING and Dutch State complete unwinding of lABF

ING announced today that, together with the Dutch State, it has completed the unwinding of the Illiquid Assets Back-Up Facility (IABF). The IABF was established in 2009, at the depth of the financial crisis, in order to reduce the risk and uncertainty for ING from a portfolio of US Alt-A mortgage securities.

7 February 2014, by Next Finance

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