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

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

C's arm announces a deal to transfer Polish consumer banking unit to VeloBank, aligning with its global retail exit strategy.

Citigroup said on Tuesday its Polish unit has agreed to sell its consumer banking business in the country to Velobank, as the ...

Last month, Citigroup Inc. C, through its subsidiary Citibank Europe Plc, announced that Citi Handlowy has announced an agreement to sell its consumer banking business in Poland to VeloBank S.A ...

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.

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 ...

Now, on Thursday, US private equity company Cerberus Capital Management has completed the purchase of an 80.2% stake in a top-10 lender by assets in Poland – VeloBank, based on the good bits of the ...

This year’s auctions of OTP Bank Romania and Polish lender VeloBank say much about the state of international banking today in central and eastern Europe (CEE). Both are top-10 lenders in their ...

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 ...