Citi Handlowy completes sale of Poland consumer banking business to VeloBank

Citigroup Inc.

Citigroup Inc.

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  • Citi Handlowy completed the sale of its consumer banking business in Poland to VeloBank.
  • Deal was first announced in May 2025; it transfers about 1,600 employees and includes wealth management, cards, loans, deposits, and branches.
  • Transaction is financially immaterial to Citigroup, with a modest cumulative regulatory capital benefit since announcement.
  • Citi’s institutional client businesses in Poland were excluded, leaving the group focused on corporate and investment banking clients.
  • Poland marks the final sale in Citi’s international consumer exit, alongside largely completed wind-downs and an advanced Banamex divestiture.


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