New customers boost ING earnings in 2015 second quarter

Logo of the ING bank in Hoogeveen, NetherlandsING’s net profit rose 27% to €1.36bn in the second quarter of this year, the Dutch banking group said on Wednesday.

The underlying figure, excluding one-offs and the results of spun-off insurance group NN, showed a 21% rise to €1.12bn.

ING is active in 40 countries and said it won 600,000 new customers and signed 250,000 new deals with companies in the second quarter of the year.

‘We also achieved a key milestone in our restructuring by reducing our stake in NN Group to 37.6% and deconsolidating it from our accounts, thereby ending restrictions on price leadership and acquisitions,’ chief executive Ralph Hamers said in a statement.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation