ING Direct 2004 Annual Report Download - page 155
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ING Group Annual Report 2004 153
CREDIT RATINGS
Credit ratings are indicators for the likelihood of timely and complete repayment of interest and instalment of fixed-income
securities as assigned by rating agencies.
MAIN CREDIT RATINGS OF ING(1)
Standard
& Poor’s Moody’s
ING GROUP A+ Aa3
ING INSURANCE
– short term A-1 P-1
– long term A+ Aa3
ING BANK
– short term A1+ P-1
– long term AA- Aa2
– financial strength B+
(1) The Standard & Poor’s ratings have a stable positive outlook; the Moody’s ratings have a stable outlook.