Bank Handlowy w Warszawie S.A. (Citi Handlowy) is a leading Polish financial institution and a subsidiary of Citigroup, which holds a 75% ownership stake. The bank's business model has historically been structured around two primary segments: Institutional Banking and Consumer Banking. The Institutional Banking division, which accounts for the vast majority of the bank's revenue (over 70%), provides corporate credit, cash management, trade financing, treasury products, brokerage, and investment banking services to enterprises, local governments, and public sector entities. The Consumer Banking division has traditionally offered retail accounts, credit cards, mortgages, and wealth management. However, in May 2025, the bank announced a strategic agreement to sell its consumer banking operations to VeloBank. This divestment, expected to finalize in mid-2026, will allow Bank Handlowy to concentrate its resources entirely on its highly profitable institutional and corporate client base. Geographically, the bank operates exclusively within Poland, though its affiliation with Citigroup enables it to support clients with international trade and cross-border financial needs. The bank maintains a strong competitive position in the Polish corporate banking sector, particularly in transaction banking, trade finance, and custody services.
