Bank Handlowy w Warszawie, operating under the Citi Handlowy brand, has agreed to divest its consumer banking division in Poland to VeloBank. The deal will see the demerger of various consumer ...

Citigroup said on Tuesday its Polish unit has agreed to sell its consumer banking business in the country to Velobank, as the Wall Street giant nears the end of a years-long effort to exit non ...

Cerberus, EBRD and IFC announce acquisition of Poland's VeloBank. 100 per cent of VeloBank's shares acquired from Poland's Bank Guarantee Fund. PLN 687 million injected into VeloBank to meet its ...

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 providing financial services and products to individuals, small, and medium ...

Cerberus Capital Management LP is leading the race to buy VeloBank SA, Poland’s 10th biggest lender by assets, according to people familiar with the matter.. The sale could become a test for the ...

VeloBank is a banking brand that was created practically overnight. VeloBank was established through a mandated restructuring, aimed at preserving its financial stability as well as the stability of ...

VeloBank now has a new supervisory board, chaired by Jakub Papierski, a former head of corporate and investment banking and deputy chief executive at PKO BP, Poland’s biggest bank. Adam Marciniak, who ...

Only 36% of Polish women express willingness to take on leadership roles, compared to 41% across Europe, according to a VeloBank analysis of the European Social Survey. In contrast, 44% of Polish ...

Reuters. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada, October 19, 2017.