ING Groep NV (LTS:0RIC)

€ 16.214 0.17 (1.06%) Market Cap: 54.09 Bil Enterprise Value: 118.25 Bil PE Ratio: 7.70 PB Ratio: 1.01 GF Score: 70/100

ING Groep NV Investor Day Transcript

Jun 13, 2022 / 11:00AM GMT

Release Date Price: €9.38 (-5.21%)

Transcript

Mark Milders

ING Groep N.V. - Head of IR

Good afternoon and welcome. Fantastic to see you here in person today, and also a warm welcome to our audience joining our live webcast. It's been a while. Frankfurt 2019 was the last time we had an investor update. And since then, we've learned to live with lockdowns, working from home, (inaudible) has become the most used sentence in recent history.

Unfortunately, we saw an (inaudible) piece in Europe. We see energy prices spiking, we see inflation rising, lack of workforce. And those elements that surround us today affect us daily and also today, many of you have wanted to be here, but we're unable to travel because either the outgoing airport or (inaudible) or the lack of labor was so much that we couldn't handle traffic of passengers and planes and were canceled or baggage couldn't be handled. And COVID is still around us. Countries in the world are still in lockdown, and unfortunately, our Chief Financial Officer, Tanate Phutrakul is self-isolating because of it. He will be joining us virtually today.

In Frankfurt, we also talked about

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