ING Groep N.V. (ING) is a global financial institution offering banking, investments, life insurance and retirement services to meet the needs of the customers. The Company�s segments include banking and insurance. Banking segment includes retail Netherlands, retail Belgium, ING direct, retail central Europe (CE), retail Asia, commercial banking (excluding real estate), ING real estate and corporate line banking. Insurance segment includes insurance Benelux, insurance central and rest of Europe (CRE), insurance United States (US), Insurance US closed block VA, insurance Asia/Pacific, ING investment management and corporate line insurance. In March 2013, it completed the sale of its life insurance units in Hong Kong, Macau and Thailand to Pacific Century Group (PCG). In April 2013, the Company completed the sale of its 70%-stake in ING Funds Berhad. In May 2013, it completed the sale of its investment management business in Thailand.