ING banks increase in clients, profit

Dutch bank ING said Wednesday it recorded a profit boost after adding nearly three-quarters of a million new clients in the first half of this year.
Net earnings rose by 5.9 percent in the second quarter to 1.37 billion euros ($1.62 billion), but the bank's measure of operating profit showed a dip of 1.0 percent to 1.4 billion.
"Our second-quarter performance confirms that the core elements of our strategy are as relevant as ever in the fast-changing worlds of banking and technology," the bank's chief executive Ralph Hamer said in a statement.
The bank's shares dropped 0.7 percent in early trading in Amsterdam, which was trading flat overall.
© 2017 AFP
ING banks increase in clients, profit ING banks increase in clients, profit Reviewed by Alexander Von Stern on 02:46:00 Rating: 5