Brief: ING Bank Slaski Sees Additional Costs That Will Affect Result For Q4

ING Bank Slaski SA

28/12/2023 16:20

Dec 28 (Reuters) - ING Bank Slaski SA  INGP.WA :
    * INFORMS ABOUT ADDITIONAL COSTS IN Q4 2023
    * SEES FINANCIAL RESULT IN Q4 2023 TO BE BURDENED WITH
ADDITIONAL
SIGNIFICANT COSTS DUE TO CHANGE IN ESTIMATES OF LEGAL RISK COSTS
OF MORTGAGE LOANS IN FOREIGN CURRENCIES OF 105.1 MILLION ZLOTYS
    * SEES Q4 2023 FINANCIAL RESULT TO BE ALSO AFFECTED BY
CREATION OF
RESTRUCTURING PROVISION FOR 2024-2026, WHICH WILL INCREASE COST
OF BANK'S OPERATIONS BY 86.1 MILLION ZLOTYS

Source text for Eikon:  ID:nEM8J95JHa 
Further company coverage:  INGP.WA 

 (Reporting by Gdansk Newsroom)
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