Simplii Financial
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Chartered Canadian bank offering an alternative to traditional banks by offering services via telephone, mail and the Internet.
Access no-fee daily banking and great Savings rates with Tangerine. Secure and savvy saving starts here. Sign up today!
Banking that’s anything but typical. No unfair fees. No overly complicated products. No expensive brick-and-mortar branches. We call that Forward Banking. It’s how we got started over two decades ago – back when we were ING DIRECT. And it’s the reason we continue to innovate today as Tangerine.
The predecessor of Tangerine, ING Bank of Canada (using the trade name ING Direct), was founded in April 1997 and operated as a telephone banking service offering savings accounts.
Aug 29, 2012 · ING announced today that it has reached an agreement to sell ING Direct Canada for a total consideration of CAD 3.1 billion (EUR 2.5 billion at current exchange rates) to Scotiabank, a leading Canadian financial services company.
Aug 29, 2012 · Scotiabank says it has reached an agreement to buy ING Bank of Canada from Netherlands-based parent ING Group for $3.13 billion in cash. The deal adds $30 billion in retail deposits to Scotiabank’s balance sheet.
Nov 15, 2012 · ING announced today that it has completed the sale of ING Direct Canada to Scotiabank with a net transaction gain of EUR 1.1 billion after tax.
Apr 8, 2014 · ING Direct forged new ground in Canada when it entered the market in 1997, promising to be different from the big banks. Today it is owned by Scotiabank and its name is changing to Tangerine,...
Nov 5, 2013 · Why is ING DIRECT Canada Becoming Tangerine? This time last year, Scotiabank’s acquisition of ING DIRECT Canada became official. The deal – which rang in at $3.13 billion – came with $40 billion of high quality assets, including more than $29 billion of residential mortgages.
Sep 4, 2012 · Scotiabank reached an agreement to purchase ING Bank of Canada last week for $3.1 billion. The parent company ING Group, based out of the Netherlands, was forced to sell its Canadian banking division to repay bailout debts received from the Dutch government.
