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ING Group Q3 Profit, Net Interest Income Down; Initiates EUR 2 Bln Buyback – News 7

Summary by Nasdaq
(RTTNews) – Dutch financial services firm ING Group (ING) reported Thursday that its third-quarter net result fell 5.1 percent to 1.88 billion euros from last year’s 1.98 billion euros. Profit before tax was 2.67 billion euros, down 6.9 percent from prior year’s 2.87 billion euros. Total income, however, grew 1.1 percent to 5.91 billion from from 5.84 billion euros a year ago. The increase was supported by continued growth in customer balances an
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