ING could bring forward the return of €10bn public aids

The banking branch plans to increase bank lending by 4% and the balance by 3%, attracting new deposits.

Considering the degree of targets’ achievement and the recovery, as well as solvency levels (at the end of the quarter the bank FLB3 CT1 ratio came to 10.5%), Santander Research Unit reiterates its overweight recommendation and recommend to buy ING INTNED 3.5 20-15.

For more information about corporate results press here.

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