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ING Group has forecast lower total income for 2024 after missing net interest income estimates in the fourth quarter

Dutch bank ING sees lower total income in 2024

ING Group, the largest Dutch bank by assets, has today forecast lower total income for 2024 after missing net interest income estimates in the fourth quarter, and with the European Central Bank expected to start cutting interest rates later this year.

Business • 01 Feb 24

The move by the Dutch financial services firm raises pressure on peers to heed a call by the International Energy Agency

Dutch bank ING ends financing for new oil, gas projects

ING Group will no longer finance new oil and gas projects, its energy chief said, becoming the biggest bank yet to commit to such a step in the fight against climate change.

Business • 23 Mar 22

ING said it would propose a 12 cent dividend for the quarter, pending approval from the ECB

ING beats estimates with Q4 profit of €1.05 billion

ING Group, the largest Dutch bank, has today reported better than expected fourth quarter pre-tax earnings of €1.05 billion, as the company incurred lower loan losses than it did earlier in the coronavirus pandemic.

Business • 12 Feb 21

ING said today that the impact of the coronavirus pandemic escalated through March

ING Q1 pretax profit slumps 36% due to coronavirus

ING Group has today reported a 36% fall in first-quarter pretax earnings that beat forecasts as the Netherlands' largest bank booked higher loan loss provisions but retail operations held up well.

Business • 08 May 20

ING is the third European bank to be hit by money laundering allegations this year

ING fined €775m for failing to spot money laundering

Dutch bank ING Groep will pay €775m in a settlement with prosecutors, who accused its financial controls of being so poor that customers were able to easily launder money.

Business • 04 Sep 18

ING Group drops a planned 50% pay increase for CEO Ralph Hamers

Under pressure ING scraps plan to raise CEO's pay

Top Dutch financial services company ING Group has scrapped a planned 50% pay increase for CEO Ralph Hamers, bowing to pressure from politicians and the public.

Business • 13 Mar 18