Morningstar

ING Groep NV ADR

ING: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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ING Is a Leader in the Oligopolistic Dutch Banking Sector

Business Strategy and Outlook

We believe ING's strong deposit franchises in its core markets are its greatest competitive advantage. Ultralow interest rates over much of the preceding decade completely obscured the benefits that come with having a constant source of cheap funding.

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