ING reports Q1 pretax earnings of 1.02 bln euros, sees worse to come
ING Groep NV, the
largest Dutch bank reported on Friday first-quarter pretax
earnings of 1.02 billion euros ($1.11 billion), down 35.7% from
the corresponding period a year ago, citing higher bad loan
provisions and lower valuations as a result of the coronavirus
pandemic.
largest Dutch bank reported on Friday first-quarter pretax
earnings of 1.02 billion euros ($1.11 billion), down 35.7% from
the corresponding period a year ago, citing higher bad loan
provisions and lower valuations as a result of the coronavirus
pandemic.
Posted by Reuters
