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michael kors bags ou offer a brief overview of how your bank has fared over the past year... UPDATES:- ING under review over stability fears (22 Sep)- ING calms nerves of Iceland savers (28 Jan)- Dutch applauded over 'realistic' ING scheme- ING posts first loss (12 Nov)- ING in ￡7bn Dutch bailout (20 Oct)Why all the interest in banks?The banking crisis in Sept/Oct 2008 after the fall of Icelandic banks Kaupthing Edge and Landsbanki, followed closely by the UK's own Bradford & Bingley, prompted widespread concerns over the safety of the UK banking industry and foreign banks operating within our borders. Many of these concerns have now passed as a result of the Government's efforts
Michael Kors Outlet to stabilise the sector, but many savers are still curious about the overall stability of their bank/building society. For comment on the stability of the industry in general, read our guide to bank strength, while our bank safety guide outlines how you should spread your savings.ING - the backgroundAlthough the operating profit of ING Direct's parent, ING Bank, fell in 2007 and in the first half of this year, it was still viewed as a well-capitalised bank with reasonable predicted profits over the long-term based on sound assets with limited exposure to toxic US investments. However the banks move from profit to loss is expected has caused anxiety throughout the European banking system, especially as the bank has always
Michael Kors Duffle argued its losses were based on funds invested in shares and not toxic US assets.ING Direct's parent, ING Groep N.V., had total assets amounting to €1.18 trillion at the end of June 2009, but reported losses of €722m for the previous six months.Key eventsRatings agency Moody's announced on 22 September 2009 it is placing ING under review for possible downgrade on the back of concerns over its stability and the cost of insuring its €28bn worth of risky mortgages.ING was downgraded by Fitch on 28 January 2009 due to concerns over the deteriorating Dutch economy and its affect on the bank. The ratings agency notes the group made a loss of €1bn in 2008 and its results are likely to experience further pressure in 2009.ING was the first bank to apply for a cash injection from the Dutch government. The bank - previously viewed as one of the most robust in Europe - received €10bn (￡7.7bn) from the government on October 19 in return for preference shares. See a full explanation of terminology in our bank safety summaryWe can email major changes in bank stability: Sign up for newsflashes...or just enter your email for a weekly summary...Bank safety: foreign banks in the UKWorried about savings compensation? We detail the inherent safety of foreign banks operating in the UK for your peace of mind...First Bank of Nigeria safety overviewICICI Bank safety overviewAnglo-Irish Bank safety overviewBank of Ireland
michael kors factory safety overviewAllied Irish Bank safety overviewAkbank safety overview...ING Direct (includes Kaupthing)Put a question to our expertsUK bank safetyWorried about savings compensation? We detail the inherent safety of each UK bank for your peace of mind...Abbey safety overviewLloyds TSB safety overviewRBS safety overviewB&B safety overviewHSBC safety overviewBarclays safety overviewAlliance & LeicesterCo-operative safety overviewCitigroup safety overview...Full bank strength round-upUK building society safetyWorried about savings compensation? We detail the inherent
cheap michael kors safety of UK building societies for your peace of mind...Nationwide safety overviewWest Bromwich safety overviewPrincipality safety overviewYorkshire safety overviewBritannia safety
michael kors best se overviewChelsea safety overview...Leeds safety overview...Coventry safety overview...Skipton safety overview...Newcastle safety overview...Market Harborough safety overview...This article was first published on 8 October and is updated as the issues change
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