Bank Handlowy w Warszawie S.A. Overview
Pro stress-test →Bank Handlowy w Warszawie S.A., rebranded as Citi Handlowy, is a Polish bank based in Warsaw. It is one of the oldest banks in Poland, the 10th largest Polish bank by assets. The bank operates in two segments: Institutional Bank offering credit, deposit services, cash management, trade financing, leasing, and investment banking services; and Consumer Bank providing accounts, loans, mortgages, and credit cards.
Strategic Profile
Pro stress-test →In 2001, Bank Handlowy merged with Citibank (Poland) SA, with Citibank becoming its largest shareholder, owning 75% of shares by 2007. In 2025 the bank announced a preliminary agreement to sell its retail banking to VeloBanku, signaling a strategic pivot toward institutional and corporate banking. The bank operates as a subsidiary of a global financial leader with significant institutional client exposure across wholesale trade and utilities sectors.
Competitive Landscape
Pro stress-test →Citi Handlowy competes with other major Polish banks in institutional and corporate banking segments. Key competitors include BNP Paribas Bank Polska, Bank Millennium, and Alior Bank. The bank ranks as the 10th largest Polish bank by assets and 18th in terms of number of outlets, positioning it as a mid-sized national player with concentration in high-value wholesale business rather than branch network scale.
Industry Context
Bank Handlowy w Warszawie S.A. operates in Banking - Commercial & Institutional.
Key facts
Founded: 1870 · Headquarters: Warsaw, Poland · Market cap: $4.28B