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Global Development JSC

Company

History

2025: Buyout of Russian ING business

On January 28, 2025, it became known that the Russian company Global Development acquired the business of the Dutch ING Group in Russia, which will lead to the curtailment of the activities of the Dutch financial group in the Russian market. As reported in the official statement of ING, the new owner of the assets was an investor from Moscow, who has experience in the field of factoring services. Read more here