After securing 930m Euros for the extra payment to the Netherlands, ING Groep NV, which is the biggest Dutch financial-services company, reported a loss in the fourth-quarter earnings.
The net yearly loss for 2009 came out to be 712m Euros.
Having a market value of 24.7b Euros, ING has dropped 6.45 Euros in Amsterdam trading, this year.
"2010 will be a year of transition, and it will not be without challenges, as we work towards the operational separation of the banking and insurance businesses", said Jan Hommen, the Chief Executive Officer of ING.
In January, ING had indicated that it will contest as per the calculations of the amount of state aid, made by EU and keeping in view the 'disproportionality of price leadership restrictions', as imposed by the regulator.
After repaying half the amount of Government aid, in December, ING and the Netherlands had agreed on a reduction of the repayment premium, for the first 5 billion euro's.
"The commission is confident that its decision is 100 percent legally watertight", said Jonathan Todd, a Brussels-based Commission Spokesman.