ING CFO Timmermans on Earnings, Investment, Dividend Policy

ING CFO Timmermans on Earnings, Investment, Dividend Policy

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses IMG's Q2 performance, highlighting a profit of €2.02 billion driven by customer growth. The CFO, Coast Timmermans, explains the stability of net interest margins and the company's cost income ratio, which is affected by regulatory costs and investments. The strategy for returning cash to shareholders is cautious due to Basel 4 regulations. Trade tensions are not immediately impacting the business, but secondary effects could affect loan growth.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the increase in profit for IMG?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many primary customers did IMG gain in the second quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target number of total customers for IMG in two years?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the cost income ratio for IMG in the second quarter?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What investments is IMG making to improve its services?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does IMG plan to balance returning cash to shareholders and maintaining growth?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of trade tensions on IMG's business?

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