ING Bank Śląski S.A.

Current Accounts
from 0.00 PLN p.a.

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.

Address
ul. Sokolska 34, 40-086, Katowice, Poland
Website
http://www.ingbank.pl/
Member of Group
 ING Group (Netherlands)
Total Assets (2015)
108.89 bln PLN  (+9.04%)
Net Income (2015)
1 127.00 mln PLN  (+8.26%)
Number of Employees (2015)
8 189  (+0.39%)
Credit Ratings (as of Apr 2016)
A-/A3
Deposit Guarantee
100 000 EUR
MFI ID
PL00105

Business Summary

Services
retail banking
private banking
corporate banking
Products
current accounts
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans
business loans

Products

Current 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..

Last updated 24 June 2017

Konto z Lwem Direct
Sales Region
Poland
Account Currency
PLN
Annual Costs (PLN)
0.00
Overdraft Rate (p.a.)
0.00 %
Credit Card
Current Account Details
Product Name
Konto z Lwem Direct
Account Currency
PLN
Annual Costs
0.00 PLN
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
0.00 %
Debit Card
Debit Card Costs (p.a.)
0.00 PLN
Credit Card
Credit Card Costs (p.a.)
84.00 PLN
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Indexed TAN (iTAN)
pushTAN
photoTAN
Mobile TAN (mTAN)
chipTAN

Poland: This product is offered to Polish residents only. When clicking on the product link you will be redirected to the product page in Polish.

See Also

Financial Positions

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.

Total Assets of ING Bank Śląski S.A.. Chart 1. Total Assets of ING Bank Śląski S.A..

Recent changes in total assets of ING Bank Śląski S.A. and its main components are shown in Table 1.

2014 2015 % change
Loans 62.8 74.1 +17.98%
Total Assets 99.9 108.9 +9.04%
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.

2014 2015 % change
Deposits 75.7 87.8 +16.07%
Total Liabilities 99.9 108.9 +9.04%
Table 2. Recent changes in total liabilities of ING Bank Śląski S.A. (bln PLN).

Profit and Loss

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.

Net Income of ING Bank Śląski S.A.. Chart 2. Net Income of ING Bank Śląski S.A..

Credit Ratings (as of Apr 2016)

Fitch Moody's
A- (high credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. 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.

Fitch

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-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  bbb+
Support Rating  1
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.

Moody's

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 Rating  A3
Long-Term Bank Deposit Rating  A3
Bank Financial Strength Rating  baa3
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of ING Bank Śląski S.A. is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
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)
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  PLN

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

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.

MFI ID  PL00105