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ING Groep ADR Rep 1 Ord Shs ING

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.


NYSE:ING - Post by User

Post by prestedon Mar 12, 2024 12:26pm
98 Views
Post# 35928639

5 Year high

5 Year highI imagine we will see some profit taking now that the SP has risen well over the $15. mark. I am not expecting great upward movement for a while, frankly. Bank stocks are sre starting to come under the radar as commercial property values world-wide seem to be tumbling, causing alarm of default.
  Still, the dividend yield here is very compelling so IMO the SP should remain at this levl and is more likely to go up than down. GLTAL

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