Ing Bank Slaski S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 11:32 am IST
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ING Bank Slaski S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net income was PLN 440.2 million compared to PLN 414.8 million a year ago. Basic earnings per share was PLN 3.38 compared to PLN 3.19 a year ago. For the nine months, net income was PLN 1,023.7 million compared to PLN 1,208.4 million a year ago. Basic earnings per share was PLN 7.87 compared to PLN 9.29 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.