Locked content ING BSK Bank with PLN 452.2 mln net profit in Q4 2018

Lender ING Bank Śląski recorded PLN 452.2 million of consolidated net profit attributable to shareholders of the parent company in the fourth quarter of 2018, compared to PLN 366.8 million profit a year earlier, as the bank stated in the report, presenting preliminary unaudited data. The result turn...

Locked content Kruk gets PLN 200 mln credit from ING

Debt collector Kruk jointly with its unit Prokura FIZ signed a credit agreement with ING Bank Śląski for PLN 200 million. The purpose is financing or refinancing of debt portfolio purchases. The credit is granted for the period ending on December 20, 2023. The interest rate is set on market terms ba...

Locked content Most Poles expect housing prices to rise in 2019

The ING Financial Barometer survey, in which 1,000 respondents from Poland were questioned, shows that the majority (two-thirds) of Poles forecasts a rise in housing prices in 2019. This will lead many people to make faster purchasing decisions, which will again contribute to successive increases in...

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...