Ing Bank Slaski S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
February 06, 2020 at 01:05 am
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ING Bank Slaski S.A. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was PLN 1,115.7 million compared to PLN 995.1 million a year ago. Net income was PLN 450.3 million compared to PLN 451.6 million a year ago. For the full year, net interest income was PLN 4,293.9 million compared to PLN 3,759.3 million a year ago. Net income was PLN 1,658.7 million compared to PLN 1,523.8 million a year ago.
ING Bank Slaski SA is a Poland-based commercial Bank. The Bank divides its business into two segments: Retail Banking segment and Corporate Banking segment. Its offer includes currents accounts, savings, credits and loans credit and paying cards, insurances, electronic banking, broker activities and fund management and other activities connected with finance, insurance and pension funds. As of December 31, 2012, the Bankâs subsidiaries and affiliated entities were ING Securities SA, Centrum Banku Slaskiego Sp. z o.o., ING ABL Polska SA, ING Uslugi dla Biznesu SA, Solver Sp. z o.o. and ING Powszechte Towarzystwo Emerytalne SA. The Bankâs major shareholder was ING Bank NV, with a 75% stake of its capital.