ING Bank Slaski S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 03, 2022 at 02:10 am EDT
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ING Bank Slaski S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was PLN 173.3 million compared to PLN 1,236.7 million a year ago. Net loss was PLN 317.3 million compared to net income of PLN 638.4 million a year ago. Basic loss per share from continuing operations was PLN 2.44 compared to basic earnings per share from continuing operations of PLN 4.91 a year ago.
For the nine months, net interest income was PLN 3,804.4 million compared to PLN 3,553.3 million a year ago. Net income was PLN 1,048.5 million compared to PLN 1,639.3 million a year ago. Basic earnings per share from continuing operations was PLN 8.06 compared to PLN 12.6 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.
ING BANK SLASKI S.A. 
