ING's CFO Expects $900M in Lower Costs by 2020

The transcript covers ING's market optimism, client growth, and business outlook for 2017. It discusses the bank's digitization efforts, including a significant investment aimed at reducing costs and improving client services. Capital management strategies are explored, highlighting regulatory challenges and dividend policies. The impact of geopolitical factors on business expansion, particularly in Turkey and Poland, is examined. Finally, the transcript analyzes margin performance and strategic planning, emphasizing the role of savings rates and interest rates in supporting margins.

How optimistic is ING about loan growth moving forward?

What factors does the speaker consider when assessing optimism, aside from market conditions?

What is the total amount of loans made by ING this quarter?

What investment has ING made in digitization, and what is the expected outcome by 2020?

How does the speaker view the relationship between capital retention and shareholder payouts?

What challenges does ING face regarding the Basel four process?

What are the speaker's thoughts on the performance of the Turkish business unit?