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ING reports third quarter net result of 1.38 billion euros, beating analyst expectations

Reuters
FILE PHOTO: The logo of ING bank is pictured at the entrance of the group's main office in Brussels, Belgium September 5, 2017. REUTERS/Francois Lenoir/File Photo

AMSTERDAM (Reuters) - ING Groep NV(INGA.AS), the largest Dutch financial services firm, on Thursday reported a better-than-expected net profit for the third quarter of 1.38 billion euros (1.21 billion pounds).

Analysts polled for Reuters forecast the net profit at 1.30 billion, down from 1.35 billion in the same period a year ago.

($1 = 0.8582 euros)

(Reporting by Toby Sterling; Editing by Christian Schmollinger)