Major financial company ING Group sells part of works from his collection

biggest Dutch company ING Group, engaged in providing various financial services, sells art from his collection. At the tender will be issued approximately 10 percent of the collection, which includes about 25 thousand works (mostly graphics), performed by modern authors. Among them there are such famous names as Karel Appel (Karel Appel), Michael Redeker (Michael Raedecker) and Diego Rivera (Diego Rivera). All of these works, the cost of each of which is estimated at about 200 euros, is decorated with 1 300 offices.

ING has already started to sell 50 items each week in the online eBay auction through the Institute for Cultural Heritage Netherlands. According to Annabella Byrne (Annabelle Birnie), responsible for working with a collection of ING, part of the proceeds will be transferred to social programs ING Chances for Children, which is organized with the support of UNICEF.

At the end of September last year, ING Group, for the first time since its founding in 1991, announced a loss of 478 million euros, and in October received assistance from the Government of the Netherlands in the amount of 10 billion euro.

As reported by Annabella Byrne, the current financial situation in which the company will be taken into account, but the new works all the same to be acquired, though «moderate». Thus, the assembly ING would still grow.

material produced Catherine Onuchin

Sources: bloomberg.com , artinfo.com , artinvestment.ru