Locked content ING plans to reach 3,500 stores with payment gateway

WSE-listed lender ING Bank Śląski has introduced Internet payments called “imoje” together with late payment by Twisto. It plans to make it available in 3,500 online stores during the period of one and a half year, the bank stated on Wednesday. Along with the payment gateway, ING introdu...

Locked content ING Bank Śląski Q4 profit soars

WSE-listed ING Bank Śląski posted a PLN 366.8 million attributable net profit in Q4, up by 43.9 percent y/y, and down by 2.4 percent q/q, according to the company’s preliminary figures. Revenue from interests increased by 11.7 percent y/y to PLN 904.5 million, while earnings from fees and commission...

Locked content ING secures KNF approval to set up mortgage unit

The Financial Supervision Authority KNF approved the ING Bank Ślaski motion to set up a mortgage bank. The decision was unanimous with KNF approving the new unit’s management board as well. Mirosław Boda was appointed its CEO. In accordance with the approved bank statute, the subject of activity of ...

Locked content ING Bank Śląski to sell instant loans with Czech partner

WSE-listed lender ING Bank Śląski was granted consent from the antitrust watchdog UOKiK to establish a joint venture with Czech firm Twisto Payments. The entity, named Twisto Polska will offer the same products as Twisto offers in Czechia, mainly instant consumer loans, online portfolio, and online ...

Locked content ING Bank Śląski to takeover troubled Bieszczadzka SKOK credit union

WSE-listed lender ING Bank Śląski will takeover the troubled credit union Bieszczadzka SKOK with financial involvement from the banking guarantee fund BFG, Financial Market Supervisor KNF announced. Bieszczadzka SKOK has PLN 44.4 million in deposits and negative equity of PLN 2.3 million, its assets...

Locked content ING Bank Śląski with PLN 360.4 mln Q2 net profit

WSE-listed ING Bank Śląski posted a PLN 360.4 million attributable net profit in Q2, down by 11.4 percent y/y, and up by 20.1 percent q/q. Revenue from interests increased by 4.1 percent q/q, and 22.9 percent y/y to PLN 849.3 million, while earnings from fees and commissions, inched up by 0.6 percen...

Locked content ING Bank Śląski with PLN 300.2 mln Q1 net profit

WSE-listed ING Bank Śląski posted a PLN 300.2 million attributable net profit in Q1, up by 17.8 percent q/q, and 15.8 percent y/y. Revenue from interests increased by 0.7 percent q/q, and 22.1 percent y/y to PLN 815.5 million, while earnings from fees and commissions, inched up by 2.2 percent q/q to...

Locked content ING Bank Śląski to set up a mortgage bank

WSE-listed ING Bank Śląski has filed a motion to the financial institution watchdog KNF for permission to establish a mortgage bank, the lender said in a market filing. The share capital of ING Bank Hipoteczny is set at PLN 50 million and will be fully taken up by the lender. Currently, there are th...

Locked content Poles prefer to save their money rather than to invest – ING

As many as 77 percent of Poles have savings account, while 42 percent have deposits. Only 14 percent invested their finds into stocks, while 15 percent put their savings into investment funds, ING study showed. Throughout EU, on average, 69 percent have savings account and 31 percent have deposits. ...