ING Bank Śląski net profits up in Q1

ING Bank Śląski, Polish unit of  Dutch ING recorded a 2 percent growth in first-quarter net profits, totaled PLN 261 million, compared with PLN 254.6 million in the corresponding period of last year. Market consensus amounted PLN 236 million. Experts surveyed by the ISBnews agency expected net profits in the range of PLN 226-251 million. As of the end of Q1, the lender's assets totaled PLN 102.6 billion, whereas it stood at PLN 99.9 billion in the corresponding period last year. ING Bank Slaski is Poland's fifth-largest lender by assets and has been listed since 2004.