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Investor Relations
Financial results
1H 2017
results
1Q 2017
results
2016
integrated report
Key figures
Current reports
Calendar
Upcoming events
| 2.11.2017 | Report for Q3 2017 |
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| 1.02.2018 | Report for Q4 2017 |
| 30.03.2018 | Annual report for 2017 |
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Dividends
Dividend policy
On 15 September 2016 the Supervisory Board has approved the ING Bank Śląski S.A. Dividend Policy as recommended by the Bank Management Board. On 3 March 2017 the Supervisory Board has approved the updated Dividend Policy.
The Dividend Policy 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, and
- the option to pay dividend from the capital surplus over the minimum capital adequacy ratios and over the minimum Tier 1 capital ratio of 13.75% set for the Bank by the Polish Financial Supervision Authority (“PFSA”) for dividend payout purposes.
When determining the recommended dividend payout amount, the Bank Management Board will review in particular the following terms and conditions:
- the current financial standing of the Bank and the Bank Group, including limitations in the case of sustaining financial loss or low profitability (low ROA/ROE),
- assumptions of the Bank's and Bank Group’s management strategy, including risk management strategy,
- PFSA’s stance on the banks’ dividend policy, and
- limitations under Article 56 of the Act on macroprudential supervision over the financial system and crisis management in the financial system of 5 August 2015.
Details: Dividend policy of ING Bank Śląski S.A. (15 September 2016).
Update of the ING Bank Śląski S.A. Dividend policy (3 March 2017).
Dividend story
Dividend yield (%)
Dividend per share (PLN)
Note: Data prior the share split in November 2011 (1:10) adjusted accordingly.
Dividend yield as of dividend day.
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Note: Data prior the share split in November 2011 (1:10) adjusted accordingly |
Shareholder structure
ING Bank Śląski share capital amounts to PLN 130 100 000 and is divided into 92 600 000 A-series ordinary shares and 37 500 000 B-series ordinary shares of PLN 1 face value each.
75,00%
ING Bank N. V.
97 575 000 shares
6,77%
Aviva Otwarty Fundusz
Emerytalny Aviva BZ WBK*
8 811 020 shares
18,23%
Other stock exchange investors
23 713 980 shares
*As per semi-annually reported assets structure of Aviva Otwarty Fundusz Emerytalny Aviva BZ WBK, as at 30 June 2017.
ING Bank N.V. is a member of ING Group – a global group of financial institutions offering retail and corporate banking services. ING Group companies pursue business in over 40 countries in Europe, North and South Americas, in the Near East as well as in Asia and Australia. ING Group pursues business in four areas: Market Leaders, Challengers, Growth Markets – including Poland as a well as through a global corporate banking network dedicated to strategic clients – Wholesale Banking.
A Dutch financial institution, ING Groep N.V., is the ING Group’s parent company. It was incorporated in 1991 through the merger of a Dutch insurance company, Nationale-Nederlanden, with a Dutch bank, NMB Postbank Groep.
More information on ING Group is available at www.ing.com.
General meeting
Analysts
The presented market consensus has been made on the basis of the reports of independent stock analysts monitoring the financial and commercial results of ING Bank Śląski S.A. and issuing recommendations for bank shares.
None of the estimates or recommendations presented below shall be seen as a forecast or opinion of the ING Bank Śląski S.A. Management Board. Management Board of the Bank did not publish any forecasts of the Company's results.
Recommendations
Consensus
(Average based on analysts forecasts)
| mln PLN | 2017 | 2018 | 2019 |
| Net profit | 1 422 | 1 599 | 1 818 |
| number of previews | 14 | 14 | 11 |
Last update: 02.10.2017
Rating
| Fitch Ratings | Moody's Investors Service |
|---|---|
| Long-term Issuer Default Rating (IDR): A | Long-term Deposits Rating: A3 |
| Long-term IDR Outlook: Stable | Short-term Deposits Rating: P-2 |
| Short-term Issuer Default Rating: F1 | Baseline Credit Assessment (BCA): baa3 |
| Viability Rating: bbb+ | Adjusted Baseline Credit Assessment (Adjusted BCA): baa2 |
| Support Rating: 1 | Outlook: Stable |
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National Long-term Rating: AAA (pol) |
Counterparty Risk Assessment (CR Assessment) long-term/short-term: A2 (cr) / P-1 (cr) |
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National Long-term Rating Outlook: Stable |
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National Short-term Rating: F1+ (pol) |
Contact us
Investor Relations Bureau
e-mail: investor@ingbank.pl
tel.: +48 (22) 820 44 16
fax: +48 (32) 602 09 97
Address:
ul. Puławska 2, 02-566 Warsaw, Poland