ING Group (ING): Q2 net income of €71M (-96%) vs. consensus of €362M. Set aside €852M for...

|About: ING Groep N.V. (ING)|By:, SA News Editor
ING Group (ING): Q2 net income of €71M (-96%) vs. consensus of €362M. Set aside €852M for doubtful loans, up from €234M a year ago. "Credit quality worsened, leading to a rise in risk costs, while lower property prices in many regions triggered negative revaluations on real estate." Shares -3.1% premarket. (PR)