ING Closes €10.5B Corporate Loan Securitizations

by Archynetys Economy Desk

ING Group NV has completed two significant risk transfers linked to €10.5 billion ($12.1 billion) worth of corporate loans, boosting its capital buffer.

The SRTs are expected to lift the lender’s CET1 ratio by 0.14 percentage points, it said in a statementBloomberg Terminal on Monday. Bloomberg News reportedBloomberg Terminal in June that ING was in talks with investors about two separate SRTs tied to portfolios of about €5 billion each.

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