ING Direct 2009 Annual Report Download - page 256

Main credit ratings of ING at 31 December 2009 (1)
Standard & Poor’s Moody’s Fitch
ING Group
long term – Astable A1 negative Astable
ING Bank
short term – A-1 P-1 F1+
long term – A+ stable Aa3 negative A+ stable
financial strength – C+
ING Insurance
– short term A-2 P-2
– long term A- negative Baa1 developing A- negative
(1) Moody’s changed the long term outlook from ING Group and ING Bank from negative to stable on 2 February.
ING’s key credit ratings and outlook are shown in the table above. Each of these ratings reflects only the view of the applicable rating
agency at the time the rating was issued, and any explanation of the significance of a rating may be obtained only from the rating agency.
A security rating is not a recommendation to buy, sell or hold securities and each rating should be evaluated independently of any other
rating. There is no assurance that any credit rating will remain in effect for any given period of time or that a rating will not be lowered,
suspended or withdrawn entirely by the rating agency if, in the rating agency’s judgment, circumstances so warrant. ING accepts no
responsibility for the accuracy or reliability of the ratings.
ING Group Annual Report 2009
254
Capital management (continued)
2.1 Consolidated annual accounts