|Current Accounts (PLN)||from 0.00 PLN p.a.||Open Account|
In June 2001 ING Bank became a major shareholder of Bank Slaski and from September 6, 2001 Bank Slaski, a member of the ING Group, started operating under a new name ING Bank Slaski SA. ING Bank Slaski is a universal bank, offering individual and corporate customers a broad range of retail, corporate and private banking products and services.
time deposit accounts
Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.
Current accounts made with ING Bank Śląski S.A. are covered by deposit guarantee scheme of Poland up to 100 000 EUR per depositor. The following current accounts are offered by ING Bank Śląski S.A.:
|Product||Account Currency||Annual Costs (PLN)||Overdraft Rate (p.a.)||Debit Card||Credit Card|
|PLN||0.00||0.00 %||View Details||Open Account|
Current Account Details
|Total Assets (2015)|
|108.89 bln PLN (+9.04%)|
|Total Equity (2015)|
|10 681.00 mln PLN (+2.14%)|
In 2015 total assets of ING Bank Śląski S.A. were 108.89 bln PLN. Growth compared to the previous period (2014) was 9.04%. The evolution of the total assets of ING Bank Śląski S.A. is shown at Chart 1 below.
Recent changes in total assets of ING Bank Śląski S.A. and its main components are shown in Table 1.
|Table 1. Recent changes in total assets of ING Bank Śląski S.A. (bln PLN).|
Recent changes in total liabilities of ING Bank Śląski S.A. and its main components are shown in Table 2.
|Table 2. Recent changes in total liabilities of ING Bank Śląski S.A. (bln PLN).|
|Net Income (2015)|
|1 127.00 mln PLN (+8.26%)|
In 2015 net income of ING Bank Śląski S.A. was 1 127.00 mln PLN. Growth compared to the previous period (2014) was 8.26%. The evolution of the net income of ING Bank Śląski S.A. is shown at Chart 2 below.
|A- (high credit quality)||A3 (upper medium grade)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, ING Bank Śląski S.A. is rated by Fitch and Moody's.
Credit ratings assigned to ING Bank Śląski S.A. as of April 2016 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for ING Bank Śląski S.A. it is set to A- (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for ING Bank Śląski S.A. is set to F1 (highest short-term credit quality).
|Long-Term Issuer Default Rating||A-|
|Short-Term Issuer Default Rating||F1|
|Support Rating Floor||-|
Viability rating for ING Bank Śląski S.A. is set to bbb+ (good fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is not set.
Long-term rating for ING Bank Śląski S.A. it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Bank financial strength rating is baa3. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A3|
|Bank Financial Strength Rating||baa3|
Outlook for the ratings of ING Bank Śląski S.A. is set to stable (not likely to change).
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Poland are obliged to participate in Polish deposit guarantee scheme.
In the case of ING Bank Śląski S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||deposits in all the accounts (e.g. term deposits, current accounts, savings accounts)|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||PLN|
Any bank can be identified for different purposes and hence can have several different identifiers.
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of ING Bank Śląski S.A. is shown in the table below.