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Does ING DIRECT Australia invest overseas. Is ING DIRECT Australia exposed to US Sub Prime mortgage market issue?

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Does ING DIRECT Australia invest overseas. Is ING DIRECT Australia exposed to US Sub Prime mortgage market issue?

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ING Bank (Australia) Limited trading as ING DIRECT Australia does NOT invest your money overseas. ING DIRECT Australia also does not invest in shares. In the present credit crisis we understand the concerns of our customers. Our business is about trust. Unfortunately, when certain financial institutions experience difficulties it creates anxiety for everyone. But customers need to recognise that each company’s circumstances are very different. ING Group has solid risk management processes, which have and will continue to help it weather the current financial turmoil.

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