CEO Steven van Rijswijk attributed the growth to a broad expansion across all business segments, noting that increased customer engagement with bank services is successfully diversifying revenue streams. While net interest income remains the primary driver, the bank is aggressively pushing to ensure fee-based activities account for approximately 20 percent of total income by the end of the year.
Looking ahead, ING has set a new benchmark for the coming years, forecasting total income exceeding 26 billion euros with associated costs pegged at 13 billion euros. Shareholders will receive an interim cash dividend of 0.40 euros per share, reflecting the board’s confidence in the bank’s current trajectory and its shift toward a more balanced income model.
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