Reports

ING (Suisse) Reports Solid First Half

Stephen Harris 28 August 2006

ING (Suisse) Reports Solid First Half

First half operating profit has risen 10 per cent to SFr38.3 million ($30 million) at Geneva-based ING Bank (Suisse). This on 8 per cent ...

First half operating profit has risen 10 per cent to SFr38.3 million ($30 million) at Geneva-based ING Bank (Suisse). This on 8 per cent higher revenues of SFr86.4 million and increased operating costs, up 7 per cent to SFr48.1 million. Client assets under management were SFr10.9 billion at 31 December 2005. ING Bank (Suisse) has around 260 employees.

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