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

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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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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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