Roczny skonsolidowany raport ING Bank Śląski S.A. za 2024 rok

ING Bank Śląski S.A. Group's 2024 financial documents reveal a year of stable performance amidst challenging macroeconomic conditions. The bank maintained a strong financial position, continued its strategic focus on digitalization and sustainability, and prepared for a leadership transition.

• Net Profit: PLN 4,369 million, a 1.6% decrease year-on-year.
• Interest Income: Increased by 6.8% to PLN 8,725 million.
• Loan Portfolio: Grew by 5.7% to PLN 167,394 million.
• Capital Adequacy: Total capital ratio decreased to 14.85% from 17.41%.
• Dividend Proposal: 75% of 2024 profit, equating to PLN 3,276 million.
• ESG Initiatives: Significant reduction in CO2 emissions and expansion of green financing.

The bank faced increased credit risk costs, particularly related to CHF-indexed mortgage loans, and legal provisions were adjusted accordingly. Despite these challenges, the bank's liquidity and capital positions remain robust, with liquidity coverage ratio (LCR) at 279% and net stable funding ratio (NSFR) at 177%.

Strategic initiatives included:

• Expansion of digital services and customer base.
• Development of sustainable products and ESG integration.
• Technological advancements, including migration to Google Cloud.

Key management changes were announced, with Michał Bolesławski appointed as the new President, effective from the General Meeting approving 2024 financials.

Overall, ING Bank Śląski S.A. Group demonstrated resilience in 2024, with a focus on sustainable growth and digital transformation. The bank's strategic initiatives and strong risk management practices position it well for future challenges and opportunities.