ING Bank Slaski to establish strategy framework in next few months

ING Bank Slaski SA

08/05/2025 10:30

GDANSK, May 8 (Reuters) - Poland's ING Bank Slaski, the Polish unit of Dutch bank ING Groep INGA.AS, plans to develop the foundations of its new strategy over the next 100 days, the bank's new CEO, Michal Boleslawski, said on Thursday.

Asked about the lender's vulnerability to recent rate cuts, CFO Bozena Graczyk said that "We estimate (...) about 130 million zlotys in the first year for 100 basis points."

On Wednesday, Poland's Central Bank cut rates by 50 basis points in its first easing since 2023.

 (Reporting by Rafal W. Nowak, Editing by Louise Heavens)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))