DBRS Discontinues Rating of ING Bank of Canada

DBRS has today discontinued the ratings of ING Bank of Canada, as the securities were fully repaid. The ratings had been Under Review with Positive Implications, since August 31, 2012. The Under Review with Positive Implications was not resolved as there was no need given all debt was repaid.

DBRS continues to rate ING Bank N.V. For further information on ING Bank N.V. please see the latest press release on the DBRS website.

Notes:
All figures are in Canadian dollars unless otherwise noted.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodologies are the Global Methodology for Rating Banks and Banking Organisations (June 2012), DBRS Criteria: Rating Bank Preferred Shares and Equivalent Hybrids (June 2009) and DBRS Criteria: Intrinsic and Support Assessments (February 2009), which can be found on the DBRS website under methodologies.