ING Groep N.V. reported about profit growth for the fourth quarter

Moscow, 2 Feb — the PRIME. ING Groep N.V. NV reported today about higher, than it was expected, net profit for the 4th quarter of 1,09 billion euro at a stable margin. The largest Netherlands bank controlled expenses, and its reserves by potential losses on credits were reduced. Director general Stephen van Rijswijk declared that the margin in 2023 has to win banks from increase of interest rates though demand of clients and banks on crediting is not so high, considering inflation and economic uncertainty. "In the current conditions we want to concentrate on already available clients and not...