ING posts second-quarter profit of $1.6 billion, tops estimates

FILE PHOTO: The logo of ING bank is pictured at the entrance of the group's main office in Brussels, Belgium September 5, 2017. REUTERS/Francois Lenoir - Copyright FRANCOIS LENOIR(Reuters)

By Reuters

Published on 01/08/2019 - 08:04•Updated 04/05/2024 - 17:20

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DUBLIN (Reuters) - ING Group <INGA.AS>, the Netherlands' largest bank, on Thursday reported a second-quarter net profit of 1.438 billion euros (£1.3 billion), beating market expectations.

A poll of analysts had expected a net profit of 1.32 billion euros for the three months ended June. The lender's profit was little changed from 1.4 billion euros posted in a year-ago period.

(Reporting By John O'Donnell, Editing by Sherry Jacob-Phillips)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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ING posts second-quarter profit of $1.6 billion, tops estimates

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