ING profit hit by Asian losses, on track for divestment
- 11 years ago
Dutch financial group ING's suffered a 39 percent drop in quarterly net profit at 788 million euros.
It was hit by a 98 million euro loss from its Asian operations, particularly its insurance business in Japan.
However ING's main banking division performed better than expected and the group said it is on track for the next big sell-off of its European insurance unit, next year.
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http://www.euronews.net/
It was hit by a 98 million euro loss from its Asian operations, particularly its insurance business in Japan.
However ING's main banking division performed better than expected and the group said it is on track for the next big sell-off of its European insurance unit, next year.
...
http://www.euronews.net/