According to Polish daily Puls Biznesu, it has been speculated that ING BSK will replace BRE Bank in the WIG 20 index, after the annual revision that will take place in three weeks time. The increased liquidity of ING BSK shares follows an increase in the bank's free float after the parent company (ING) lowered its stake from 87.77% to 75% last year (in compliance with a long-standing banking supervisory commission request). The reason that BRE Bank would be selected to fall out of the index is that only five banks may be included and it has the lowest average trading volume and free float of those on the list. We expect the news to have a positive impact on the stock price of ING BSK and a negative impact on stock price of BRE Bank today.