Return on equity (ROE) of ING Group 2014-2021
The return on equity (ROE) of ING Group increased year-on-year from 2014 to 2017, and decreased between 2018 and 2020. In 2021, the Group as a whole reached a ROE of approximately 9.2 percent, an increase compared to the previous year. This indicated the profitability of ING increased between 2020 and 2021.
Banking is an important service industry in the Netherlands, being responsible for the funding of both international as well as domestic trade. Dutch banking has two important characteristics. Firstly, only a few large institutions dominate its financial markets. In 2018, for example, the five largest Dutch credit institutions, which includes ING, Rabobank and ABN Amro, held approximately 85 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe.
Banking is an important service industry in the Netherlands, being responsible for the funding of both international as well as domestic trade. Dutch banking has two important characteristics. Firstly, only a few large institutions dominate its financial markets. In 2018, for example, the five largest Dutch credit institutions, which includes ING, Rabobank and ABN Amro, held approximately 85 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe.
