Get off this comparison of interest rates. Banking is what - 30% of ING business, insurance making up the remainder.
The only thing I'll mention with interest rates is that ING is in the top 5% of US banks with their rates.
Lets look as the insurance business: ING bought out 2-3 insurance companies in Canada in March, 2005, and then went IPO at about CAD $34. (ING owns 70% of the float, public holding the remainder). 13 months after IPO the Canadain stock is up -ready - 75%. That is the business that ING is in.
I love this stock. I am holding for the longer term.