ING profits plummet 80% due to coronavirus crisis

ING bank saw its profits shrink by nearly 80 percent in the second quarter, compared to the year before, according to figures released on Thursday. The bank attributed the massive decrease largely to money set aside to cover bad loans to companies that got into trouble due to the coronavirus crisis.Submitted by Janene Pieters on Thursday, 6 August 2020 - 11:20 https://nltimes.nl/2020/08/06/ing-profits-plummet-80-due-coronavirus-crisis