ING Bank Slaski Q2 net profit falls 12% y/y

ING Bank Slaski SA

07/08/2024 06:38

Aug 7 (Reuters) - Poland's ING Bank Slaski  INGP.WA 
said on Wednesday its second-quarter net profit fell 12%
year-on-year. 
        Its net profit came in at 964.7 million zlotys ($244.6
million), slightly below a company-provided consensus of 972.6
million zlotys. 
    Net interest income (NII), a measure of earnings on loans
minus deposit costs, rose to 2.04 billion zlotys ($517.3
million) from 2.00 billion a year earlier, mainly due to
higher-interest loans, the bank said. 

    ($1 = 3.9438 zlotys)

 (Reporting by Anna Banacka; Editing by Tom Hogue)
 ((anna.banacka@thomsonreuters.com; +48 58 769 65 65;))