Dutch financial services company ING Group said Friday that it may have to sell more assets to repay state aid, as it grapples to meet stricter banking rules and protect itself against choppy markets.

The chilly market environment is forcing ING to hold on to capital that otherwise could have been used to repay the state. As a result, it could be necessary to divest more banking assets to raise capital, Chief Executive Jan Hommen said. "There are disposal opportunities in case we need it," he said without elaborating.

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