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ING Direct offers predominantly savings accounts in all countries; in some countries it also offers products like: term deposits, consumer loans, mortgages, life insurance, brokerage and a few selected mutual funds.
Very competitive cost structure: ING Direct considers Fidelity and other asset managers as their peers, specifically in terms expense-to-asset ratio. At maximum 40 basis points, this is at least two percent lower than that at a traditional branch-bank, which typically operates at around two-and-a-half percent. ING Direct even expects their ration to go lower to somewhere around thirty basis points in 2006...
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