ING Penzijni Fonds posts 1H profit soar

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CZECH REPUBLIC - ING Penzijni Fonds (ING PF), the Czech market's fifth largest pension fund, saw its first half profit raised by 59% to Kc184m from Kc115m last year, writes CTK, the Czech News Agency.

ING PF - part of the Dutch ING group - has a 10% Czech market share. At the end of June it had accumulated over 280,000 clients, up 15% year-on-year. Assets managed by the fund totalled Kc7.66bn...

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