Citi Handlowy Announces Agreement to Sell Consumer Banking Business in Poland to Velobank S.A.

Bank Handlowy w Warszawie S.A. has announced an agreement to sell its consumer banking business to VeloBank S.A, a Poland-based universal bank providing financial solutions to individuals, small and medium-sized companies.  Bank Handlowy w Warszawie S.A., which operates under the Citi Handlowy brand, is majority-owned by Citibank Europe Plc (CEP),…