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ING Group Expects 3% Growth In Average Annual Income For 2022-25

ING Group (ING), a Dutch banking and financial services provider, said on Monday that it expects an average annual income growth of 3 percent for the period from 2022 to 2025.

For the fiscal 2021, the firm had posted a total income of 18.490 billion euros.

In addition, for the same period, the company projects an annual average fee income growth to be in the range of 5 percent to 10 percent.

Last year, the Group had recorded a net fee and commission income of 3.517 billion euros.

Steven van Rijswijk, CEO of ING Group, said: "In addition to these financial targets, we have set a target for our commitment to support our Wholesale Banking clients in their green transition and commit to mobilise €125 billion of sustainable finance per annum by 2025…"

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