Edition:
United Kingdom

ING Bank Slaski SA (INGP.WA)

INGP.WA on Warsaw Stock Exchange

190.00PLN
4:00pm BST
Change (% chg)

-0.20zł (-0.11%)
Prev Close
190.20zł
Open
190.00zł
Day's High
192.20zł
Day's Low
188.60zł
Volume
1,005
Avg. Vol
8,551
52-wk High
207.00zł
52-wk Low
158.40zł

Latest Key Developments (Source: Significant Developments)

ING Bank Slaski Says KNF Sees No Objections To Obtaining By Co's Unit 45% Stake In NN Investment Partners
Tuesday, 23 Jul 2019 

July 23 (Reuters) - ING Bank Slaski SA ::SAYS KNF (POLISH FINANCIAL REGULATOR) SEES NO OBJECTIONS TO OBTAINING BY BANK'S UNIT 45% STAKE IN NN INVESTMENT PARTNERS TFI.  Full Article

Grupa Lotos And Banks Consortium Sign New Loan Agreements For Refinancing Of Program 10+
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Grupa Lotos ::SAYS CO AND BANKS CONSORTIUM SIGN NEW LOAN AGREEMENTS FOR REFINANCING OF PROGRAM 10+.SAYS AGREEMENTS ARE FOR TERM LOAN OF $400 MILLION AND REVOLVING CREDIT OF $100 MILLION.PURPOSE OF REFINANCING CREDIT AGREEMENTS SIGNED IN 2008 IS TO OPTIMISE STRUCTURE AND REPAYMENT TERM OF FINANCIAL LIABILITIES.  Full Article

PGNiG Plans To Obtain Up To 10 Bln Zlotys Revolving Loan
Monday, 20 May 2019 

May 21 (Reuters) - PGNiG SA ::SAID ON MONDAY IT HAS RESOLVED TO CONCLUDE TERMSHEET WITH A CONSORTIUM OF NINE BANKS: BANK GOSPODARSTWA KRAJOWEGO, BANK POLSKA KASA OPIEKI SA, BNP PARIBAS, BANK POLSKA SA, CAIXA BANK SA ODDZIAL W POLSCE, ING BANK SLĄSKI SA, INTESA SANPAOLO SPA ODDZIAL W POLSCE, POWSZECHNA KASA OSZCZĘDNOSCI BANK POLSKI, SANTANDER BANK POLSKA AND SOCIETE GENERALE .SAID TERMSHEET SPECIFIES THE TERMS OF GRANTING COMPANY REVOLVING LOAN OF UP TO 10 BILLION ZLOTYS WITHIN 5 YEARS OF CONCLUDING A BINDING AGREEMENT WITH THE CONSORTIUM .TERMSHHET DOCUMENT DOES NOT CREATE ANY FINANCIAL OBLIGATIONS ON THE PART OF THE COMPANY.COMPANY PLANS TO USE THE OBTAINED FUNDING UNDER LOAN ON FINANCING CURRENT OPERATIONS AND CAPITAL EXPENDITURES OF THE COMPANY AND ITS GROUP.  Full Article

Libet Signs Agreement On Temporary Non-Performance Of Claims
Friday, 1 Mar 2019 

March 3 (Reuters) - Libet SA ::SAID ON FRIDAY THAT ON DEC. 20, 2018 IT SIGNED AGREEMENT WITH ING BANK SLASKI, MBANK, PKO BP BANK, SANTANDER BANK POLSKA AND SGB BANK.UNDER AGREEMENT BANKS HAVE UNDERTAKEN NOT TO TERMINATE FINANCING CONTRACTS, NOT TO CLAIM ANY LIABILITIES OR ANY PAYMENTS RELATED TO THESE LIABILITIES AS WELL AS NOT TO TAKE ANY ACTIONS AIMING DIRECTLY OR INDIRECTLY AT ENFORCING THESE CLAIMS .SIGNING THE AGREEMENT WAS ONE OF ACTIONS WITHIN REVIEW OF STRATEGIC OPTIONS .  Full Article

ING Bank Slaski Updates Dividend Policy
Friday, 1 Mar 2019 

March 1 (Reuters) - ING Bank Slaski SA ::SAYS THAT ITS SUPERVISORY BOARD HAS APPROVED THE BANK'S UPDATED DIVIDEND POLICY TO THE STANCE OF THE POLISH FINANCIAL SUPERVISION AUTHORITY (PFSA) IN THAT THE SPECIFICATION OF MINIMUM CAPITAL RATIOS (COMMON EQUITY TIER 1, TIER 1 RATIO AND TOTAL CAPITAL RATIO) WAS WAIVED FOR THE REGULATORY FORMULA DUE TO THE VOLATILE SYSTEMIC RISK BUFFER AND COUNTERCYCLICAL CAPITAL BUFFER.SAYS THE POLICY PROVISIONS HAVE BEEN APPENDED WITH THE CONDITION CONCERNING THE BANK'S SENSITIVITY TO AN ADVERSE MACROECONOMIC SCENARIO.SAYS THE BANK ENDORSES A LONG-TERM STABLE PROCESS OF DIVIDEND PAYOUT IN ADHERENCE TO THE RULES OF PRUDENT MANAGEMENT AND ANY AND ALL REGULATORY REQUIREMENTS WHICH THE BANK SHALL COMPLY WITH.SAYS THE DIVIDEND POLICY ENDORSES THE OPTION TO PAY DIVIDEND FROM THE CAPITAL SURPLUS OVER THE MINIMUM CAPITAL ADEQUACY RATIOS AND OVER THE MINIMUM CAPITAL RATIOS SET FOR THE BANK BY THE PFSA FOR DIVIDEND PAYOUT PURPOSES.  Full Article

KNF Agrees To Include EUR 100 Mln Loan To ING Bank Slaski's Tier II Capital
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - ING Bank Slaski SA ::SAYS POLAND'S FINANCIAL REGULATOR KNF AGREES TO INCLUDE EUR 100 MILLION LOAN TO BANK'S TIER II CAPITAL.  Full Article

ING Bank Slaski's Mortgage Bank Given Regulator's Nod To Start Operations
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - ING BANK SLASKI SA ::POLISH FINANCIAL REGULATOR KNF APPROVES ING BANK SLASKI'S NEW MORTGAGE BANK, ING BANK HIPOTECZNY SA, TO LAUNCH OPERATIONS.IN JAN 2018 THE BANK GOT KNF'S APPROVAL TO SET UP A MORTGAGE BANK nL8N1PB3WV.  Full Article

ING Bank Slaski To Buy 45% Shares In NN TFI For 177.2 Mln Zlotys
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - ING Bank Slaski SA ::SAYS ITS UNIT SIGNS PRELIM DEAL TO BUY 45% SHARES IN NN INVESTMENT PARTNERS TFI (NN TFI) FROM NN INVESTMENT PARTNERS INTERNATIONAL HOLDINGS BV.SAYS PRICE FOR 45% NN TFI SHARES IS SET AT 177.2 MILLION ZLOTYS.SAYS PRICE WILL BE INCREASED BY INTEREST OF 2.5% ANNUALLY FROM JAN 1, 2018 TO DATE OF CLOSING THE DEAL.SAYS EXPECTS TO CLOSE THE DEAL IN Q2 2019.SAYS ESTIMATED IMPACT ON CONSOLIDATED TCR AND TIER 1 RATIO IS AT CA. IS 15BPS.  Full Article

Polenergia: Unit Embarks On 2019-2022 Investment Plan
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Polenergia SA ::ITS UNIT, POLENERGIA DYSTRYBUCJA SP. Z O. O., TO EMBARK ON 2019-2022 INVESTMENT PLAN, AFTER IT HAS RECEIVED REQUIRED CORPORATE APPROVALS AND FUNDING.50.7 MILLION ZLOTY INVESTMENT PLAN REGARDS INVESTMENTS IN ELECTRICAL POWER INFRASTRUCTURE TO SUPPLY NEW FACILITIES AND CUSTOMERS, MAINLY HOUSING ESTATES.PART OF IT TO BE FINANCED FROM OWN FUNDS AND 33.7 MILLION ZLOTYS THROUGH LOAN RECEIVED FROM ING BANK SLASKI SA <<>> ON NOV. 21.FINAL REPAYMENT OF THE LOAN IS DUE IN NOV 2027.  Full Article

Wirtualna Polska Gets Additional 100 Mln Zloty Funding For Investments, Acquisitions
Monday, 29 Oct 2018 

Oct 30 (Reuters) - WIRTUALNA POLSKA HOLDING SA ::SAID ON MONDAY IT HAS SIGNED AN AGREEMENT CHANGING PREVIOUS LOAN AGREEMENTS FROM DEC. 2017 TO OBTAIN ADDITIONAL FINANCING FOR INVESTMENTS AND ACQUISITIONS.UNDER THE AGREEMENT CHANGING PREVIOUS LOANS TERMS, THE CAPEX TRANCHE HAS BEEN INCREASED BY 100 MLN ZLOTYS.LOAN AGREEMENTS ARE SIGNED WITH MBANK SA <<>>, PKO BP <<>> AND ING BANK SA <<>>.  Full Article

Polish payment system Blik could be available on Netflix, Uber - PPS CEO

(This June 28 story corrects after clarification from the company that acceptance of the system by these platforms is not certain)