ING posts 2022 net result of €3,674 million, dividend of €0.389 per share

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)

2023-02-02 07:36

ING press release:

ING posts FY2022 net result of €3,674 million,
proposed final 2022 dividend of €0.389 per share

4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%

Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income

Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter

Risk costs declined to 17 bps of average customer lending

Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits

On a full-year basis, our primary customer base grew by 585,000

Net core lending growth of €18 billion and net core deposits growth of €25 billion in 2022

Net result of €3,674 million in a challenging year; proposed final 2022 dividend of €0.389 per share

CEO statement

“Looking back, 2022 was an extraordinary year,” said ING CEO Steven van Rijswijk. “The outbreak of war in Ukraine – first and foremost an immense human tragedy – had a far-reaching impact on people’s lives, on societies and on economies, causing energy and price shocks and driving up inflation and interest rates. Despite the challenging operating conditions and lingering effects of Covid-19, we performed well.

“The rapid changes of the past year underscore the importance of having clear strategic priorities and being able to adapt to changing circumstances. Our focus is on making the difference for people and the planet by providing a superior customer experience and putting sustainability at the heart of what we do.

“We continued to execute on our strategy and delivered strong results, as well as made significant progress in a number of areas, including providing seamless digital services using our strong scalable tech and operations foundations. An example of this is our onboarding process in the Netherlands, where 52% of new customers were digitally onboarded in the fourth quarter of 2022, up from 39% in the same quarter of 2021. This is really strong proof of how we’re digitalising our sales and service model in one of our Market Leaders countries. The year 2022 closed with impressive growth in the number of global mobile payments transactions, reaching a remarkable amount of 1.4 billion transactions, up more than 60% year-on-year.

“Regarding our financial performance, we managed to limit expense growth despite the impact of higher salary expenses and higher marketing expenses to invest in the growth of our customer base. In various countries, we supported our employees with allowances to help them cover their increased energy costs.

“The positive developments in our net promoter scores prove that customers value our services. We’re now number one in six of our 10 retail markets. In Wholesale Banking too we see a growing appreciation among clients, with our net promoter score improving to 67 at year-end 2022, up from 59 at year-end 2021 and well above the industry benchmark. I’m particularly proud that even more customers are choosing ING as their primary bank. During this quarter, our primary customer base grew by 218,000, mainly in the Challenger & Growth markets. On a full-year basis, we gained 585,000 primary customers, bringing the total number to 14.6 million, which is 4% higher than year-end 2021.

“We also made further progress on our sustainability goals during 2022. Wholesale Banking continues to be a sustainability pioneer in helping clients transition to a more sustainable way of doing business, achieving a volume of over €100 billion in sustainable finance mobilised by end-2022. That puts us well on our way towards our goal of €125 billion annually by 2025.

“Despite continued uncertainty in the current operating environment, I’m confident in our ability to perform well in these circumstances. We have a good capital position, a growing customer base, a diversified income stream, a strong funding structure as well as one of the best credit ratings in the eurozone. We’ll continue to invest to provide our customers with a superior experience, helped by our technology foundations, and to facilitate the transition to a low-carbon economy.
“I want to thank our customers for their ongoing loyalty to ING and our colleagues worldwide for their hard work under challenging circumstances, which contributed to our strong performance throughout the whole year. Also a thank you to our shareholders for continuing to support our strategy.”

Taguri: ING Bank  banca  


Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)

Turing Number

Tastati codul din imagine (doar cifre)  

Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH

BT Financial Results as at 30 September 2022

BT Financial Results as at 30 September 2022 Banca Transilvania – sustained growth in customers and operations during the first nine months of the year "We continued our robust growth in the number of clients and transactions, with a dynamic well above the market average. We have been growing steadily and continued financing companies and individuals, despite the fact that the financial market is more fraught with uncertainty than ever and
the funding costs and capital requirements are additional factors driving the uncertainty in the economy. We remain committed to our objective - to be the main supporter of the economy and of the state for the development of Romania", states Mr. Ӧmer Tetik, Chief Executive detalii

No progress for the time being in Revolut becoming a subsidiary bank

Revolut Bank has still not submitted its application for being licensed as a subsidiary bank in Hungary, despite the fact that the MNB is continuously pressing for it, bearing in mind the security of several hundred thousand Hungarian customers and potential depositors and the stability of the detalii

Risks may arise with some cross-border electronic invoice and card services

Budapest, February 24, 2020 – The MNB supports fintech innovations that enable simpler, cheaper financial services, but only if they guarantee financial stability and customer safety. Although its consumer protection supervision tools against cross-border fintech companies are limited, the detalii

ING posts 2Q 2022 net result of €1,178 million, supported by increased income and modest risk costs

ING statement: ING posts 2Q2022 net result of €1,178 million, supported by increased income and modest risk costs

2Q2022 profit before tax of €1,743 million; capital position remains strong with a 14.7% CET1 ratio

Higher net interest income, supported by an increase in liability margins

Increases in both customer lending and customer deposits highlight the strength of our universal banking model

Risk costs in the quarter were modest as book quality remains strong

Hyperinflationary conditions in Turkey require application of IAS 29, which combined with a goodwill impairment had an impact of €-277 million on net profit, but the impact on CET1 was slightly detalii



Ultimele Comentarii

  • loan lender

    Salutare tuturor, iată o ofertă de împrumut accesibilă, care vă va schimba viața pentru ... detalii

  • Dobanda

    TBI este IFN, Marius, nu ... detalii

  • Lipsa card

    Deși mi s a oprit 30 de lei nu a ajuns cardul fizic mi se pare în regula sa plătesc ... detalii

  • Instant

    Ing este din 21 martie 2023 membru Instant. Revolut nu este. Platile din Revolut in Ing intrau mai ... detalii

  • Inselaciune

    Și eu am fost înșelat tot de aceasta zis ... detalii