Published by Global Banking & Finance Review®
Posted on November 18, 2025
2 min readLast updated: January 21, 2026
ING Bank Slaski will acquire the remaining 55% stake in Goldman Sachs TFI for $108M, strengthening its position in Poland's asset management sector.
(Reuters) -ING Bank Slaski said on Tuesday that it had agreed to acquire the remaining 55% stake in Polish asset management company Goldman Sachs TFI from Goldman Sachs Asset Management International Holdings for 396 million zlotys ($108 million).
The lender, the Polish unit of Dutch bank ING Groep, already holds a 45% stake in Goldman Sachs TFI via its subsidiary, it said.
Goldman Sachs TFI serves over 736,000 clients, managing open mutual funds within various asset classes and dedicated asset management portfolios, ING said.
It holds the second position in the Polish market in terms of assets under management of capital market mutual funds with a market share of around 12%, the bank said.
The final purchase price will be adjusted to include the dividend equivalent for the period from January 1, 2026 to the month preceding the closing of the transaction, ING Bank Slaski said.
The lender expects that the transaction will reduce its consolidated total capital ratio and Tier 1 ratio, both key measures of its financial strength, by around 34 basis points.
Completion of the transaction is expected in the first half of 2026, subject to regulatory approvals, it added.
($1 = 3.6511 zlotys)
(Reporting by Anna Pruchnicka; Editing by Matt Scuffham)
Asset management is the process of managing investments on behalf of clients, which can include mutual funds, stocks, bonds, and other financial assets to achieve specific investment goals.
A capital market is a financial market where long-term debt or equity-backed securities are bought and sold, providing companies with access to capital for growth and expansion.
Financial services refer to a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and investments.
A mutual fund is an investment vehicle that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, managed by professional fund managers.
The Tier 1 ratio is a key measure of a bank's financial strength, representing the ratio of a bank's core equity capital to its total risk-weighted assets, indicating its ability to absorb losses.
Explore more articles in the Finance category
