ING Group : SBB less than expected, NII some better, commission less, cost in line
>SBB less than expected, NII some better, commission less, cost in line - Despite its higher than own target CET1 ratio ING announced a SBB which was with € 1.5bn somewhat less than we expected at this moment in time. The NII was somewhat higher, but one has to make some technical adjustments to find this as they continue to have a somewhat structural treasury trades running reducing NII and increasing other income. Commission income was less and expenses in line. No ...ING Groep is a global financial institution based in the Netherlands. Co. is engaged in offering a wide range of retail and wholesale banking services to customers in over 40 countries across Europe, the Americas, Asia and Australia. In addition to the basic banking services of lending, payments and cash management and treasury, Co. provides tailored banking solutions in areas including corporate finance, commercial finance (factoring), equity markets and debt capital markets to help clients achieve their business goals. Co.'s operations are organized along five segments: Retail Netherlands; RetailBelgium: Retail Germany: Retail Other; and Wholesale Banking.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.