| DiBa
The Allgemeine Deutsche Direktbank was established in 1965, making
it the oldest German direct bank. It is headquartered in Frankfurt
and is market leader in Germany for directbanking. In 1998, ING
acquired a 49% stake in DiBa and increased it to 70% in 2002 and
to 100% in 2003. DiBa now operates as part of ING Direct.
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