KNF to view ING Bank Śląski as systemically important

The Financial Stability Committee issued a positive opinion on the request of financial market watchdog (KNF) to identify ING Bank Śląski as systemic and impose an additional capital buffer, the bank informed. As a systemic institution, Bank Handlowy  would have an additional buffer of 0.50 percent of its total risk exposure. Recently, the KNF took similar steps regarding the PKO BP bank, Getin Noble Bank, BNP Paribas and BZ WBK. On August 10, KNF decided to submit a motion to the Financial Stability Committee for expressing an opinion in the matter of recognizing ING Bank Śląski as an systemically important institutions.