| Press release, Financial
ING 3Q11 underlying net profit increases to EUR 1,285 million
“The third quarter saw a marked deterioration on debt and equity markets amid a slowdown in the macroeconomic environment and a deepening of the sovereign debt crisis in Europe. In this challenging environment ING’s earnings remained resilient, and our strong funding position enabled us to continue to increase lending to support our customers in these uncertain times,” said Jan Hommen, CEO of ING Group.