Dutch banking and insurance Corporation ING Group N. V. According to the results of nine months of 2014 has reduced the net profit attributable to equity holders, 97, 4% to ? 75 million, according to statements of the group.

Net profit of ING in terms of per share in the reporting period amounted to 0, 02 Euro against 0, 77 euros for the first nine months of 2013.

according to the results of the 3rd quarter of this year Net profit of the banking and insurance operations increased 7, 3 times up to 928 million euros. While analysts had predicted the index at level 1, 08 billion euros. In terms of per share earnings amounted to $ 0, 24 Euro against 0, 03 euros in July-September last year. Last year the Company won the low net profit for the third quarter in connection with the loss of 950 million euros In the sale of insurance business in South Korea.

in reporting noted that " due to the deteriorating economic situation in the Russian Federation and Ukraine, the share of overdue loans in the Russian Federation grew during the quarter, up 2% from 0%. In Ukraine the share of overdue loans increased to 20% vs. 21% at the end of June of the current year.

" ING Bank continues to monitor closely the risks in Ukraine and in the Russian Federation and to reduce them to the level where it can be, " reported.
ING is included in the list of 20 largest credit institutions in the world by market capitalization with 85 million customers in more than 50 countries and a staff of about 130 thousand people. In the Russian Federation Dutch fingruppo presents ING Commercial Banking (CJSC " ING Bank (Eurasia) LLC and ING Lease (Eurasia).

sections: Politics