Lloyds Bank PLC: Lloyds Bank plc Q1 2021 Interim Management Statement
REVIEW OF PERFORMANCE
Income statement
In the three months to 31 March 2021, the Group recorded a profit before tax of £1,768 million compared to £404 million in the same period in 2020, representing an increase of £1,364 million largely reflecting the improved economic outlook for the UK in the current quarter compared to the deterioration assumed in the first quarter of 2020. Profit after tax was £1,283 million.
Total income decreased by £258 million, or 7 per cent, to £3,644 million in the three months to 31 March 2021 compared to £3,902 million in the first three months of 2020; there was a decrease of £229 million in net interest income and £29 million a decrease in other income.
ING Group: Results of ING s 2021 Annual General Meeting
Results of ING s 2021 Annual General Meeting
The Annual General Meeting (AGM) of ING Groep N.V. was held today in Amsterdam. As announced earlier, due the coronavirus pandemic, the meeting was held in a virtual form in order to mitigate health risks for all participants and to comply with Dutch government directives.
The AGM adopted all agenda items, including the annual accounts for 2020, discharge of the (former) members of the Executive Board and the Supervisory Board and the dividend for 2020. The AGM also approved the appointments of Ljiljana Cortan and reappointment of Steven van Rijswijk to the Executive Board and the appointment Lodewijk Hijmans van den Bergh and reappointment of Margarete Haase and Hans Wijers to the Supervisory Board.
Do not publish in the United States, Canada, Australia or Japan €2.0m earmarked for external growth opportunities. Invibes Advertising plans to focus in particular on targets holding key technological building blocks in the fields of Artificial Intelligence and Big Data, in order to generate potential synergies with these areas of expertise and expand its databases to further improve the effectiveness and interactivity of its campaigns. Features of the private placement The capital increase was carried out, without pre-emptive rights, for the qualified investors (under an offering within the meaning of Article L.411-2 1° of the French Monetary and Financial Code) of New Shares (the Offering ), in accordance with the decisions taken by the Company s Board of Directors.
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ING PROFILE ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank s more than 57,000 employees offer retail and wholesale banking services to customers in over 40 countries. ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N). Sustainability forms an integral part of ING s strategy, evidenced by ING s leading position in sector benchmarks by Sustainalytics and MSCI and our ‘A-list rating by CDP. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG evaluation score of 83 ( strong ) from S&P Global Ratings.