ING Bank Slaski's Cost of Risk (loan loss provisions as % of total assets) amounted to 0.260% in the third quarter of 2023, down from 0.346% when compared to the previous quarter.
Historically, the bank’s cost of risk reached an all time high of 4.17% in 4Q2001 and an all time low of -0.484% in 3Q2007. The average cost of risk in the last six quarters amounted to 0.399%.
On the other hand, average asset yield was 5.52% in 3Q2023, up from 1.91% when compared to the same period last year. Cost of funding amounted to 2.01% in 3Q2023, up from 1.65%.