ING Groep NV (ING.N)
23 Feb 2017
(The following statement was released by the rating agency) LONDON, February 24 (Fitch) Fitch Ratings has affirmed ING Bank NV's Long-Term Issuer Default Rating (IDR) at 'A+' and Viability Rating at 'a+'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is at the end of this rating action commentary. In addition, Fitch has assigned 'A+(dcr)' Derivative Counterparty Ratings (DCRs) to ING Bank, ING Group NV and ING Belgium as part of its roll-out of DCRs to significan
AMSTERDAM, Feb 2 ING Groep, the Netherlands' largest financial services company, reported a better than expected 63 percent jump in fourth-quarter pretax income on Thursday, helped by one-off gains, stable lending margins and a growing customer base.
* Board proposes full-year 2016 dividend of 0.66 euros per share
* CEO says company had a record quarter in "challenger" markets
* Expects results to grow much faster in 'disruptive' countries than in benelux - conf call
AMSTERDAM ING Groep NV , the largest Dutch bank, on Thursday reported a better-than-expected 22 percent rise in underlying net result for the third quarter, which the company attributed to continued loan growth and higher commission and fee incomes.
* Q3 total underlying income 4.36 billion euros (+9pct), gross result 2.14 billion euros (+22 pct)
AMSTERDAM, Nov 3 ING Groep NV, the largest Dutch bank, on Thursday reported a better than expected underlying net result for the third quarter of 1.34 billion euros ($1.49 billion), which the company said was due to continued loan growth and higher commission and fee incomes.
DUBAI, Oct 27 Dutch bank ING Group is aiming to expand its business in the Middle East where it sees greater demand for bank finance and advisory work after the slump in oil prices, its regional chief executive said.
AMSTERDAM ING Groep's plans to shed 7,000 jobs and invest in its digital platforms to make annual savings of 900 million euros ($1 billion) by 2021, drew swift criticism from unions of the Netherlands' largest financial services company on Monday.
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