Citi’s Polish unit to sell consumer banking business to Velobank
From Investing.com: 2025-05-27 16:06:00
Citi’s Polish unit has announced plans to sell its consumer banking business to Velobank. The move is part of Citi’s strategy to focus on more profitable operations and streamline its business. The deal is expected to be completed in the second quarter of 2022. This acquisition will strengthen Velobank’s presence in the Polish market.
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