Dutch Bank ING Says $770 Million in Loans Affected by Russian Sanctions

The logo of ING bank is pictured at the entrance of the group's main office in Brussels, Belgium, on Sept. 5, 2017. Francois Lenoir/Reuters

AMSTERDAM—Dutch bank ING provided an update on Friday on its exposure in Russia and Ukraine, saying that about 700 million euros ($771 million) in outstanding loans were “affected” by “new sanctions on (Russian) specific entities and individuals” by Europe and the United States.

In a statement composed of bullet points and pictures, it did not specify where that 700 million euros is.