Bank Handlowy , the Polish arm of Citigroup , has announced a plan to shift its focus towards institutional banking and has agreed to sell its consumer banking business to VeloBank.

Bank Handlowy w Warszawie agreed to sell its consumer banking business to VeloBank SA, a Poland-based universal bank ...

Citi Handlowy received advisory support from Citi during this transaction. This sale follows Citi's previous announcements ...

Upon closing, it will be the 10th international consumer business Citi has sold since 2021. The bank will maintain its ...

Profits jump 19% to $2.07bn, driven by interest income and fees and commissions growth in its services division ...

How Good Is Bank Handlowy w Warszawie At Forecasting Its Risks? The ability for Bank Handlowy w Warszawie to forecast and provision for its bad loans accurately serves as an indication for the ...

GDANSK, May 8 (Reuters) - Poland's Bank Handlowy (BHW.WA), opens new tab posted a 4.2% fall in its first-quarter net profit on Thursday, mainly due to the reduced earnings from protection against ...

UniCredit chief executive Andrea Orcel said on Tuesday the bank is prepared to let its €14bn takeover offer for its smaller domestic rival Banco BPM lapse, as regulatory hurdles and government-imposed ...

Net profit for the year was PLN1.8 billion, with a strong ROE of 21.1%. The bank maintained a strong capital position with a ratio of 24.4%. Net interest income (NII) decreased by 3% quarter-over ...

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Bank Handlowy w Warszawie agreed to sell its consumer banking business to VeloBank SA, a Poland-based universal bank providing financial services and products to individuals, small, and medium ...