LONDON, November 12 /PRNewswire-FirstCall/ -- ING, the Dutch banking and
insurance company, today confirmed a EUR478m Q3 loss but said the Group's
commercial performance had been resilient.
Group CEO Michel Tilmant said that the market place had been very
challenging and highlighted the importance of focusing on core priorities as
the way forward for the group.
'These are very challenging times. You have to get your priorities right.
The first priority is the clients, the customers, because the client needs
haven't changed.'
Dick Harryavan, ING Direct, CEO, and Hans van der Noordaa, ING Insurance
Asia/Pacific, detailed the commercial drivers behind their parts of the group
while Michel Tilmant warned of the challenges facing the financial services
sector
'Given the economic situation is what it is, we believe that 2009 will
also be a challenging year,' he said
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SOURCE ING Group