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ING Hints at Higher Dividend After Building Up Capital Buffers

Ruben Munsterman
ING Hints at Higher Dividend After Building Up Capital Buffers

ING Groep NV hinted it may raise its dividend after adding 400,000 new customers and recovering from a dip in fee income last quarter. The bank will “see if we can pay something extra” to shareholders, Chief Financial Officer Koos Timmermans said in an interview on Bloomberg TV, though added that the bank has “to be careful,” because of future higher capital requirements. The bank posted second quarter results that mostly beat estimates, with higher loan growth and fee income.