ING to cut a further 450 jobs as switch to internet banking grows
Financial services group ING said on Wednesday it is to cut a further 450 jobs – 300 in the Netherlands and 150 in Belgium – as more customers switch to online banking.
ING announced the job losses at the presentation of its full year figures. The bank booked net profit of €3.2bn last year, down 22% on 2012. Excluding 2012’s one-off gains from divestments, net profit rose 22% to €3.2bn, the bank said in a statement.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation