Poland’s ING Bank Slaski moves to full ownership of Goldman Sachs TFI

Anabelle Colaco
20 Nov 2025, 10:05 GMT+10

ING Bank Slaski is set to take complete control of Goldman Sachs TFI after agreeing to buy the portion of the Polish asset manager it does not already own
This marks a significant expansion of the bank’s presence in the country’s investment-fund market
The lender said it will acquire the remaining 55 percent stake in Goldman Sachs TFI from Goldman Sachs Asset Management International Holdings for 396 million zlotys (US$108 million)

KATOWICE, Poland: ING Bank Slaski is set to take complete control of Goldman Sachs TFI after agreeing to buy the portion of the Polish asset manager it does not already own, marking a significant expansion of the bank's presence in the country's investment-fund market.

The lender said it will acquire the remaining 55 percent stake in Goldman Sachs TFI from Goldman Sachs Asset Management International Holdings for 396 million zlotys (US$108 million). ING Bank Slaski, the Polish arm of ING Groep, already holds the other 45 percent through a subsidiary.

Goldman Sachs TFI manages open mutual funds across multiple asset classes and oversees dedicated asset-management portfolios. It serves more than 736,000 clients and is the second-largest player in Poland's capital-market mutual fund segment, with a market share of about 12 percent, ING said.

The bank noted that the final purchase price will be adjusted to include a dividend equivalent covering the period from January 1, 2026, to the month prior to the transaction's close.

ING Bank Slaski said it expects the acquisition to reduce its consolidated total capital ratio and Tier 1 ratio by around 34 basis points, reflecting the impact on key financial-strength measures.

The transaction is expected to close in the first half of 2026, pending regulatory approval.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.

More Information

Southeast Asia

Section

Former prime minister of Bangladesh sentenced to death

DHAKA, Bangladesh: A Bangladesh court, after convicting former Prime Minister Sheikh Hasina of crimes against humanity, has sentenced...

Seoul wins tariff relief as Samsung, others pledge more local spending

SEOUL, South Korea: South Korea's biggest conglomerates unveiled major new domestic spending plans on November 16, offering a show...

Delhi air emergency: Supreme Court urges lawyers to go virtual

NEW DELHI, India: With air pollution choking New Delhi this week, India's Supreme Court has advised lawyers to avoid in-person appearances...

Maharashtra: NCB Mumbai destroys drugs worth crores linked to major drug syndicate

Mumbai (Maharashtra) [India], November 20 (ANI): The Mumbai Zonal Unit of Narcotics Control Bureau (NCB) has destroyed more than 25...

Indian markets open in green; experts see enough global and domestic strength for a record high

Mumbai (Maharashtra) [India], November 20 (ANI): The domestic stock markets opened on a positive note on Wednesday, supported by strong...

World Boxing Cup Finals 2025: Nikhat Zareen "especially happy" with win in front of home crowd

Greater Noida (Uttar Pradesh) [India], November 20 (ANI): The two-time former World Champion Nikhat Zareen (51kg) led India's most...

Business

Section