February 18, 2018 2:42 AM ET

Banks

Company Overview of ING Bank Slaski S.A.

Company Overview

ING Bank Slaski S.A. provides various banking products and services in Poland. The company operates in two segments, Retail Banking and Corporate Banking. The Retail Banking segment offers various deposit products, including current accounts, term deposits, and savings accounts; credit products, such as overdraft on the savings and settlement accounts, loans related to cards, hire purchase loans, housing loans, and mortgage loans; structured products; ING fund units; brokerage services; and bank cards. It serves individual customers and sole traders. The Corporate Banking segment provides deposit products comprising current accounts, term deposits and negotiated deposits, and savings account...

ul. Sokolska 34

Katowice,  40-086

Poland

Founded in 1988

7,979 Employees

Key Executives for ING Bank Slaski S.A.

President of Management Board and Chief Executive Officer
Age: 55
Total Annual Compensation: 1.8M
Vice-President of the Management Board and Chief Risk Officer
Total Annual Compensation: 1.1M
Vice-President of the Management Board
Total Annual Compensation: 2.3M
Vice-President of the Management Board
Total Annual Compensation: 2.2M
Vice-President of the Management Board
Total Annual Compensation: 1.9M
Compensation as of Fiscal Year 2016.

ING Bank Slaski S.A. Key Developments

ING BANK LSKI Presents at DIGITAL BANKING AND PAYMENTS SUMMIT, Feb-13-2018 02:40 PM

ING BANK LSKI Presents at DIGITAL BANKING AND PAYMENTS SUMMIT, Feb-13-2018 02:40 PM. Venue: Hilton Warsaw Hotel and Convention Centre, Grzybowska 63, 00-844 Warszawa, Warsaw, Poland. Speakers: Szymon Mitoraj, Mobile and Internet Banking Director.

ING BSK Plans to Pay 30% of 2017 Standalone Profit as Dividend

ING BSK will recommend shareholders take around 30% of its 2017 standalone net profit as dividend.

ING Bank Slaski S.A. Reports Group Earnings Results for the Fourth Quarter and Year Ended December 31, 2017

ING Bank Slaski S.A. reported Group earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net interest income of PLN 904.5 million compared with PLN 809.5 million a year ago. Net interest income held a double-digit annual growth rate, up 2.4% from third quarter, seemingly driven first by volume gains, albeit slowed, then fractional gains in NIM. Fourth quarter NIM raised 0.02 pps to 3.01% on a rise on asset profitability with funding costs long since flat at 0.8%. Net commission income was PLN 297.1 million compared with PLN 283.5 million a year ago. Net income on basic activities was PLN 1,222.2 million compared with PLN 1,122.0 million a year ago. Result before tax was PLN 500.0 million compared with PLN 348.6 million a year ago. Net profit attributable to shareholders of bank was PLN 366.8 million or PLN 2.82 per share compared with PLN 254.9 million or PLN 1.96 per share a year ago. For the year, the company reported net interest income of PLN 3,452.8 million compared with PLN 2,953.4 million a year ago. Net commission income was PLN 1,182.8 million compared with PLN 1,064.8 million a year ago. Net income on basic activities was PLN 4,755.9 million compared with PLN 4,324.5 million a year ago. Result before tax was PLN 1,882.0 million compared with PLN 1,644.5 million a year ago. Net profit attributable to shareholders of bank was PLN 1,403.1 million or PLN 10.78 per share compared with PLN 1,253.0 million or PLN 9.63 per share a year ago. Return on assets was 1.2% compared with 1.1% a year ago. Return on equity was 12.6% compared with 11.7% a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 11, 2017
Bieszczadzka SKOK
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