Ing returns to distribute a dividend for the first time since 2008, when the Dutch government was forced to intervene to save the institution from bankruptcy.
The Board of the main Dutch bank has proposed to pay a ordinary coupon of 12 cents per share for 2014, for a total of 470 million euros.
ING closed the fourth quarter with a gross profit of 783 million euros, weighed down by 375 million of restructuring costs and by a negative impact of 273 million related to the review of the valuation of debt and credit instruments.
"We see growth in retail banking internationally in the mortgage and loan sector and general growth in commercial banking," said the institution's CEO, Ralph Hamers, during a conference call.
In November, ING repaid the last tranche of the 10 billion euros received by the Dutch state during the 2008 financial crisis.
Hamers then underlined that Ing is well capitalized, with a Tier 1 capital ratio of 11,4%. Provisions for non-performing loans decreased to €400 million from €560 million in Q2013 XNUMX.
