(Bloomberg) -- ING Groep NV, the biggest Dutch financial-services company, said first-quarter profit rose 43% amid a boost from lending and commissions.
Underlying net profit rose to 1.19 billion euros ($1.4 billion) from 830 million euros a year earlier, Amsterdam-based ING said in a statement Thursday.
The company sold out of its U.S. insurance unit in March and cut its stake in NN Group NV to about 55% in February as part of its restructuring plan in return for a government bailout. ING is resuming dividends this year for the first time since 2008 after repaying the state rescue.
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