Intercontinental Bank - Banque Internationale Commerciale (B.I.C.)

The Belgian Commission Bancaire, Financière et des Assurances has issued a warning that Intercontinental Bank, also known as Banque Internationale Commerciale (B.I.C.), with registered office in Brussels, is providing banking services without the required authorization. The Belgian regulatory authority further warned that the bank is using the name Ingco or Ing Co on its website and in some documents; this is liable to create confusion with the ING financial group, to which, however, it is not connected in any way.

(In Consob Informa n. 19/2005 - 9 May 2005)