AMSTERDAM (Reuters) – ING Groep NV on Thursday reported better-than-expected third-quarter pretax profit of 1.92 billion euros ($2.22 billion), due to fee growth and better commercial lending margins, as well as lower costs for bad loans.
Analysts had seen pretax profit at 1.80 billion euros, according to Refinitiv data. In the third quarter of 2020, pretax profit was 1.20 billion euros.
($1 = 0.8632 euros)
(Reporting by Toby Sterling; Editing by Christopher Cushing)
