ING and Rabobank have been urged by fair banking lobby group vol Bankwijzer to come clean over their millions of euros invested in Russian coal company SUEK in mid - February ; each bank provided a € 109.3 million loan each to the Russian coal company . This move is despite a statement last year by ING that it intends to stop investing in euros , according to the watchdog .
ING and Rabobank have been urged by fair banking lobby group Eerlijke Bankwijzer to come clean over their millions of euros invested in Russian coal company SUEK in mid-February; each bank provided a €109.3m loan each to the Russian coal company. This move is despite a statement last year by ING that it planned to stop investing in coal, according to the watchdog.