Moreover,
Ing belgium sees its benefit:
The Belgian subsidiary of the Dutch banking group ends the first six months of the year on a net profit in strong decline. For example, at barely 296 million euros. Moreover, In question: the drop in interest income and the increase in regulatory costs. Therefore,
First mixed semester for ING Belgium. Meanwhile, The Belgian subsidiary of the Dutch banking group ING recorded a clear decline in its profit in the first. six months of the year. The net profit is 296 million euros. against 428 million euros for the same period in 2023, a significant drop of 30 % over one year.
Pressure margins – Ing belgium sees its benefit
This underperformance is explained above all by a significant withdrawal of income. These recorded an overall drop of 7.7 %, mainly attributable to the fall of 14.8 % of interest income. The ing belgium sees its benefit increase of 8.7 % of income from commissions, although positive, is not enough to compensate for this decline. Consequently. the before tax profit underwent a clear degradation, down of almost a third over a year, standing at 406 million euros in the first half, against 608 million over the same period in 2024.
Regulatory weight
Despite a decline in its income. the bank manages to limit the negative effects on its results, thanks to a rigorous management of its operational costs. Additionally, The latter register only a moderate increase of 1.3 %, an increase lower than that of inflation, testifying to the efforts made in terms of efficiency and control of expenditure. A performance all the more notable as the regulatory charges. they fly by 28 %, reaching 239 million euros against 187 million a year earlier.
ing belgium sees its benefit — Ing belgium sees its ing belgium sees its benefit benefit: The Belgian subsidiary of the Dutch banking group ends the first six months of the year on a net profit in strong decline. at barely 296 million euros. In question: the drop in interest income and the increase in regulatory costs. First mixed se.
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