About Bank Handlowy w Warszawie

Bank Handlowy w Warszawie S.A. engages in the banking sector in Poland under the Citi Handlowy brand, offering banking products and services to business entities, local government units and the public sector; and to individual clients, micro enterprises and to natural persons conducting a business activity. The company operates as a subsidiary of Citibank Overseas Investment Corporation. The bank offers both custodian services connected with securities accounts for foreign institutional investors and custodian services for Polish financial institutions, including pension, investment and equity insurance funds. Segments The company operates through two segments, Institutional Bank and Consumer Bank. This segment offers products and renders services to business entities, local government units and the public sector. Apart from traditional banking services, including credit and deposit activities, the company provides services in the area of cash management, trade financing, leases, brokerage, custody services in respect of securities and offers treasury products on financial and commodity markets. In addition, the company offers investment banking services on local and international capital markets, including advisory services, obtaining and underwriting financing via public and non-public issues of financial instruments. The activities of the segment also include proprietary transactions in the equity, debt and derivative instruments markets. Consumer Bank This segment provides products and financial services to individuals, as well as to micro-enterprises and individual entrepreneurs within the framework of CitiBusiness offer. Apart from keeping bank accounts and providing credit and deposit offers, the company offers cash loans, mortgage loans, credit cards, provides asset management services, and acts as an agent in the sale of investment and insurance products. Products and Services Citi Handlowy conducts its operations domestically. Products and services are offered to clients via the network of branches located in Poland, online and mobile banking systems, telephone banking, the ATM network and cash deposit machines owned by Euronet Polska. In the area of institutional banking, the bank provides comprehensive financial services to the largest Polish companies and strategic companies with a large potential of growth, and also to the largest financial institution and to companies from the public sector. For institutional clients, the company offers currency exchange on the platform available 24/7; electronic banking via the CitiDirect BE platform; deposits and current accounts; liquidity management products; cross border (international) transfers; card products; payments and receivables: direct debit and SpeedCollect (the solution for handling mass payments); cash products, EU-funding advisory services; trade finance products; credits and loans; custody activities; and brokerage activities. The bank's sound capital position and its landmark network of international connections is also appreciated by retail banking clients. The bank uses its competitive edge in this regard to foster its leader position in net worth clients banking. To that end, the bank has been continuously improving its offer for the Citigold and Citigold Private Client customer base. For private clients, the bank offers deposits and current accounts; credit cards; cash loans and cash loans on credit card accounts; mortgage loans; investment and insurance products; and electronic banking. Brokerage services used to be provided by the bank's subsidiary, the Brokerage House (Dom Maklerski) of Bank Handlowy S.A. History Bank Handlowy w Warszawie S.A. was founded in 1870.