UPDATE 1-ING first-quarter pretax profit slumps 35% on COVID-19 provisions
ING Groep NV, the
largest Dutch bank, on Friday posted first-quarter pretax
earnings of 1.02 billion euros ($1.11 billion), down 35.7% from
last year, citing higher provisions taken for the potential
fallout from the coronavirus outbreak.
largest Dutch bank, on Friday posted first-quarter pretax
earnings of 1.02 billion euros ($1.11 billion), down 35.7% from
last year, citing higher provisions taken for the potential
fallout from the coronavirus outbreak.
Posted by Reuters
