WARSAW--Polish ING Bank Slaski SA (BSK.WA) Wednesday posted a 28% year-on-year drop in second-quarter net profit as provisions for bad loans jumped more than three times as it wrote off PLN80 million owing to the problems of the Polish construction sector companies.

MAIN FACTS:

- Net profit down 28% to PLN167.6 million ($51 million).

- Net interest income rose 12% to PLN514.1 million.

- Fees and commission income dropped 3.1% to PLN250.4 million.

- Provisions against potentially bad loans soared to PLN131.2 million from PLN37.7 million a year ago.

- Dutch ING Bank NV holds a 75% stake in Bank Slaski SA

Write to Patryk Wasilewski at patryk.wasilewski@dowjones.com

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