ING Bank's Asia CEO talks strategy

We speak to Vaughn Richtor, CEO of ING Bank in Asia, about the outlook for the Dutch bank's business in the region.
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Photo: AFP</div>
<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: AFP</div>

We spoke recently with Vaughn Richtor, the chief executive of ING Bank in Asia, about his strategy for the business in the wake of its post-crisis restructuring.

Last week, the bank’s parent, ING Group, surprised analysts with a 1.5 billion net profit for the second quarter, up 19.7% from a year earlier and 4.4% from the previous quarter. Most of that performance came from the insurance side of the business see our interview with ING Insurance’s Asia head, while the banking unit posted a 1.3 billion pre-tax profit that was 200 million below expectations due to impairments on Greek government bonds.

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