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ING backs out of leasing in Slovakia

ING Bank has chosen to back out of provisional leasing services via ING Lease in Slovakia and the Czech Republic. The bank made the decision following a strategic analysis, the SITA newswire reported in late May.

ING Bank has chosen to back out of provisional leasing services via ING Lease in Slovakia and the Czech Republic. The bank made the decision following a strategic analysis, the SITA newswire reported in late May.

“In spite of this, ING Lease will continue to administer its remaining portfolio and will keep all its existing commitments and obligations stemming from signed contracts,” the company stated, as quoted by SITA.

The bank’s move will not change the scope of services it provides in the segment of corporate and retail banking in Slovakia and the Czech Republic.

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