“The positive news in our view is the dividend... however, the headline net profit looks light.”
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“We believe there was insufficient detail in the brief press release to draw strong conclusions about the quality of the fourth-quarter results.”
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“We have adopted a more positive stance in retail and wholesale banking following strong cost containment in 2006.”
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“We believe this will be another quarter of solid results for ING, further adding to our belief that earnings should remain resilient in 2006.”
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