ING Bank Śląski net profit at PLN 259 mln in Q1

ING Bank Śląski, the Polish unit of  Dutch ING, recorded a PLN 259.2 million consolidated net profit in Q1 2016, compared to PLN 261 million in the corresponding period of last year. Market consensus amounted to PLN 236 million. Experts surveyed by the ISBnews agency expected net profits in the range of PLN 219-248 million. As of the end of Q1, the lender's assets totaled PLN 112.7 billion, versus PLN 102.6 billion in Q1 2015. ING Bank Śląski is Poland's fifth-largest lender by assets and has been listed since 2004.