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AuMs Up at ING Private Banking

Stephen Harris

16 February 2007

Total administered assets at Dutch ING Private Banking increased by €2.6 billion ($3.41 billion) to €59.2 billion in the fourth quarter, driven by a net inflow of €1.5 billion as well as favourable stock markets. Total assets under management at ING Private Banking are now €51.4 billion. Net inflow was mainly raised in Switzerland (€ 0.5 billion) and the Netherlands (€0.5 billion). Most of the assets of ING Private Banking are concentrated in Belgium, Luxembourg and Switzerland (€30.4 billion) and the Netherlands (€17.5 billion).