This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Citi Handlowy, Citi’s Polish arm, will sell its consumer ...

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 banking ...

(Reuters) -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 ...

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 ...

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-sized ...

(Bloomberg) — Fast growing VeloBank SA, backed by US private equity fund Cerberus Capital Management LP, is on the prowl for more Polish takeovers after it bought Citigroup Inc.’s retail operations in ...

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 ...

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 ...

It has previously invested in Austrian lender Bawag, the old HSH Nordbank in Germany (now Hamburg Commercial Bank) and HSBC’s former French retail bank (recently renamed CCF). Now, on Thursday, US ...