ING posts Q2 net interest income above estimates

ING Groep INGA reported on Thursday higher than expected net interest income (NII) for the second quarter, a key measure of earnings on loans minus deposit costs, supported by increased lending and deposit volumes.

The largest Dutch bank by assets reported net interest income of 3.83 billion euros ($4.15 billion) from April to June, beating analysts' estimate of 3.80 billion euros.

($1=0.9238 euros)