ING Groep N.V. (ING) Barclays 24th Annual Global Financial Services Conference September 15, 2026 9:00 AM EDT
Company Participants
Ida Lerner – CFO & Member of the Executive Board
Presentation
Unknown Analyst
Good morning, everyone, and thank you for joining us. It gives me great pleasure to host this fireside chat with Ida Lerner, CFO of ING Groep. Ida, thank you very much for joining us in New York.
Ida Lerner
CFO & Member of the Executive Board
Thank you for having me.
Question-and-Answer Session
Unknown Analyst
And I think we’ll just get straight into it, straight into the questions. So the first thing I wanted to touch upon was the 2026 and 2027 targets. So ING recently upgraded the RoTE targets in ’26 and ’27 to above 15% and 16%, respectively. Do you believe you’re on track to achieving these targets given the current macro environment?
Ida Lerner
CFO & Member of the Executive Board
Yes, absolutely. Indeed, we updated the target and the outlook in line with our second quarter results, and it’s really driven by the development that we’re seeing in the business year-to-date. We continue to see strong business momentum across the segment, across the geographies where we operate, but also across the different product areas where you see continued strong profitable loan growth, continued strong deposit growth, and we also see a very strong growth in fee income. And all of that in combination with the very strong efficiency that we’re seeing also across the board will give us good comfort that we will be able to deliver on the renewed outlook, which is an improved outlook as well.
Unknown Analyst
That’s great. And we know that your targets are out to 2027 and 2027 is approaching pretty quickly. So when do you think could
