In Gdansk, Citigroup has restarted the sale of Bank Handlowy’s retail business in Poland, according to Bank Handlowy CEO Elzbieta Czetwertynska. She mentioned on Friday that preparations for discussions with potential investors are underway, anticipating the commencement of talks in the upcoming months. “Citi has resumed the process of selling its retail banking business of Bank Handlowy in Poland … Together we are currently working on preparing all materials. I expect that talks with interested entities will begin in the coming months,” she stated during a press conference.
November 5, 2022