Citi Handlowy, legally Bank Handlowy w Warszawie S.A., is a Polish commercial bank founded in Warsaw in 1870 on the initiative of a group of investors led by Leopold Kronenberg and recognized as the oldest commercial bank in Poland. It returned to the Warsaw Stock Exchange through its 1997 privatization. In 2000 Citigroup acquired a significant shareholding and initiated the merger of its Polish subsidiary, Citibank (Poland) S.A., into the bank; the merger completed in March 2001, the Citi Handlowy brand was adopted in 2003, and the legal name remained unchanged.
Headquartered on Senatorska Street in Warsaw and listed on the Warsaw Stock Exchange, the bank is majority-owned by Citibank Europe Plc, a wholly owned subsidiary of Citigroup. It concentrates on institutional, corporate and transaction banking, serving business and global corporate clients with cross-border needs through the Citi network.
