ING Lease UK announce closure
ING has taken the decision to discontinue asset finance activities in the UK and run off its portfolio. In the current economic climate, ING Group has placed its strategic objective on focusing on its core markets and franchises, and concentrating available resources at those markets where they can demonstrate strongest competitive advantage and growth potential. Although ING Lease UK has built a strong reputation in the UK, Leasing no longer fits as part of ING’s strategy for the UK.
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