By Sabela Ojea 



  ING Groep NV reported its results for the second quarter on Thursday. Here's what you need to know: 


  NET PROFIT FORECAST: The Dutch bank posted a net profit of 299 million euros ($354.7 million) for the second quarter of 2020, down from EUR1.44 billion in the year-earlier period. Net profit was anticipated to fall to EUR543.3 million, taken from FactSet and based on the estimates of three analysts. 


  NET INTEREST INCOME FORECAST: The lender reported a net interest income of EUR3.43 billion, down from EUR3.47 billion a year earlier. Net interest income was expected to fall to EUR3.46 billion, taken from FactSet and based on four analysts' estimates. 


  WHAT WE WATCHED: 


  -IMPAIRMENTS: The bank on July 28 said it expected to book around EUR300 million as an impairment on its balance sheet in the second quarter of the year. It actually booked a charge of EUR310 million. 


  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix