(MENAFN) Due to an improving economy and an increase in lending, ING, the top Dutch bank witnessed its profit surge substantially through the previous year.
Gross profits touched a little over USD4.47 billion, up by a striking 220.5 percent year-on-year, whereas turnover climbed 8.2 percent to USD18.1 billion.
This significant recovery came after the bank saw its earnings slump by an overwhelming 64 percent in 2014, mainly because of a major restructuring.
The ING Group's main businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services.
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