469:
866:
50:
38:
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367:(1898). In the early years of the twentieth century the bank was the largest private bank in Polish lands and one of the few leading financial services to trade with Russia and Western Europe. During this period, the bank's turnover fluctuated at the level of 2 billion rubles, which was greater than the sum of the then budget of the
409:
After 1945, the bank was the main Polish foreign correspondent bank, and in 1964 it received the official monopoly on Polish foreign trade transactions. This resulted as a consequence of the construction of the then-largest Polish financial institutional network of correspondent banks, opening a
393:
Reactivated in 1945, the bank was a private industrial and commercial company and cooperative. As one of the three banks which escaped formal nationalization after the war, it was subjected to controls of a government commissioner and the state took a significant amount of shares. During the
449:) Zbigniew Masłowski, the Director of the Commercial Bank in Luxembourg in the years 1985 - 1990, tried to oppose this practice. A large number of foreign exchange operations conducted by FOZZ were only through the bank. An inspection of the bank by the
1303:
479:
In 2001 Bank
Handlowy merged with Citibank (Poland) SA. Currently, the largest shareholder is Citibank, NA (since 14 August 2007, they have 75% of the shares and 75% of votes at the AGM).
1298:
438:. After 1989, the bank lost a privileged position in foreign trade and began to transform gradually into a commercial bank, opening a number of branches around the country.
441:
During the political transformation, the bank (especially a bank branch in
Luxembourg) had played a significant role in the scandal of the Foreign Debt Service Fund
1222:
494:
261:, the bank played a key role in the Foreign Debt Service Fund scandal, which had a negative impact on the Polish economy during the early 1990s. It underwent
899:
921:
1130:
1022:
1108:
382:. The bank did not stop its activities during the two world wars, it only limited activity. During World War II, the bank's branches in the
795:
1077:
1293:
1283:
457:, they were operated to the detriment of the Polish economy with estimated losses during these two years of 5-10 billion dollars.
1268:
847:
Zbigniew Landau, Jerzy
Tomaszewski: Bank Handlowy w Warszawie S.A. Zarys dziejów 1870–1995, MUZA S.A. Warszawa 1995 (in Polish)
525:
513:
453:, led by Inspector Halina Ładomirska in 1991-1992 revealed numerous irregularities. The report shows that during the period of
301:
238:
138:
444:
378:. In the 1920s and 1930s the bank represented the Polish government's assets in numerous international companies, notably the
914:
395:
234:. It is one of the oldest banks in Poland, the 10th largest Polish bank by assets, and 18th in terms of number of outlets.
450:
383:
736:"State-Owned Banks, Stability, Privatization, and Growth: Practical Policy Decisions in a World Without Empirical Proof"
374:
The bank made a significant contribution to the construction of the railway network and major industrial plants in the
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258:
579:
250:
537:
1181:
1176:
1123:
468:
1186:
1067:
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907:
531:
454:
1278:
877:
110:
698:
1288:
1237:
1217:
1171:
1146:
1032:
645:
982:
242:
555:
1232:
1116:
1087:
1082:
941:
633:
585:
483:
273:
106:
1197:
567:
472:
281:
819:
561:
549:
1027:
621:
615:
507:
305:
591:
403:
603:
573:
49:
1273:
651:
639:
627:
609:
597:
387:
272:
becoming its largest shareholder, owning 75% of shares by 2007. The bank has been listed on the
1212:
1247:
1242:
1092:
957:
771:
519:
1207:
1191:
1072:
1047:
735:
375:
352:
254:
497:
became the CEO of the bank, replacing Sławomira Sikory who held the position since 2003.
336:
164:
17:
865:
671:
37:
992:
972:
543:
379:
368:
360:
297:
246:
175:
89:
1262:
1227:
1052:
1037:
415:
312:
262:
100:
763:
332:
241:
in 1870, Bank
Handlowy played a vital role in international trade, representing the
893:
711:
1017:
268:
In the 21st century, Bank
Handlowy merged with Citibank (Poland) SA in 2001, with
54:
The historic headquarters of Bank
Handlowy from 1874, in ulica Traugutta in Warsaw
1012:
293:
1161:
987:
967:
952:
883:
431:
399:
92:
61:
775:
435:
356:
344:
324:
872:
1007:
419:
340:
328:
269:
180:
1002:
977:
1150:
1141:
962:
932:
427:
411:
364:
355:. In subsequent years, it opened branches in other cities, including
348:
320:
316:
231:
227:
149:
1062:
1202:
1057:
1042:
937:
487:
467:
277:
390:
operated under the strict control of the occupation authorities.
249:. After World War II, the bank was reactivated in 1945 and later
423:
1112:
1097:
903:
191:
245:
government's assets in several international firms like the
859:
482:
Since June 1997, Bank
Handlowy has been listed on the
796:"Fitch Affirms Poland's Bank Handlowy at Support '1'"
253:. It was one of the few companies to avoid complete
187:
174:
160:
144:
134:
116:
98:
85:
71:
59:
764:"Citigroup Seals Purchase Of 66% of Bank Handlowy"
1304:Companies set up in the Second Republic of Poland
304:(1812-1878). The first president of the bank was
311:By 1872, the bank had branches and offices in
1299:Companies listed on the Warsaw Stock Exchange
1124:
915:
8:
77:
30:
203:
1131:
1117:
1109:
922:
908:
900:
864:
280:index. Its current headquarters is in the
48:
36:
29:
445:Fundusz Obsługi Zadłużenia Zagranicznego
663:
276:since 1997 and is a constituent of the
694:
692:
257:during communism in Poland. After the
712:"Banki.pl - Citi Handlowy - Historia"
292:It was founded in 1870 by a group of
7:
762:Williamson, Elizabeth (2000-06-06).
414:, foreign representative offices in
398:it was one of two banks (along with
386:were liquidated, while those in the
820:"Jest nowa prezes Banku Handlowego"
226:in 2007, is a Polish bank based in
460:In 1997, the bank was privatized.
300:. The initiator was the financier
25:
495:Elżbieta Światopełk-Czetwertyńska
1140:
931:
886:
871:
335:, and representative offices in
455:foreign exchange market control
426:and Berlin, and affiliation in
538:Stanisław Sebastian Lubomirski
79:Bank Handlowy w Warszawie S.A.
31:Bank Handlowy w Warszawie S.A.
1:
451:Supreme Audit Office (Poland)
699:Bank Handlowy w Warszawie SA
526:Stanisław Leopold Kronenberg
514:Leopold Stanisław Kronenberg
302:Leopold Stanisław Kronenberg
239:Leopold Stanisław Kronenberg
139:Leopold Stanisław Kronenberg
743:International Monetary Fund
396:People's Republic of Poland
327:(Commerzbank in Warschau),
296:financiers, landowners and
259:fall of communism in Poland
192:http://www.citihandlowy.pl/
1320:
1023:Jastrzębska Spółka Węglowa
1294:Companies based in Warsaw
1284:Banks established in 1870
1187:Bank Handlowy w Warszawie
1157:
1068:Polska Grupa Energetyczna
948:
532:Leopold Julian Kronenberg
213:Commercial Bank in Warsaw
200:Bank Handlowy w Warszawie
47:
35:
18:Bank Handlowy w Warszawie
384:areas annexed by Germany
251:Polish People's Republic
1238:Santander Consumer Bank
1172:BNP Paribas Bank Polska
678:(in Polish). 2017-10-16
486:, and is listed on the
237:Initiated by financier
122:; 154 years ago
1269:Companies in the WIG30
476:
243:Second Polish Republic
78:
1233:Santander Bank Polska
1083:Santander Bank Polska
942:Warsaw Stock Exchange
646:Stanisław Sołtysiński
580:Michał Rola-Żymierski
484:Warsaw Stock Exchange
471:
274:Warsaw Stock Exchange
880:at Wikimedia Commons
800:www.fitchratings.com
768:Wall Street Journal
556:Stanisław Wachowiak
475:, main headquarters
404:joint stock company
32:
701:, Encyklopedia PWN
652:Andrzej Olechowski
640:Andrzej Olechowski
634:Grzegorz Wójtowicz
628:Andrzej Olechowski
586:Stanisław Majewski
477:
473:Jabłonowski Palace
402:), operating as a
388:General Government
282:Jabłonowski Palace
120:13 April 1870
1256:
1255:
1106:
1105:
1028:KGHM Polska Miedź
876:Media related to
568:Zygmunt Karpiński
501:List of directors
220:Citibank Handlowy
197:
196:
170:
16:(Redirected from
1311:
1145:
1144:
1133:
1126:
1119:
1110:
936:
935:
924:
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910:
901:
896:
891:
890:
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868:
863:
862:
860:Official website
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732:
726:
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702:
696:
687:
686:
684:
683:
668:
562:Jerzy Jurkiewicz
550:Józef Żychliński
520:Juliusz Wertheim
464:The current bank
217:
214:
211:
208:
205:
168:
130:
128:
123:
81:
52:
40:
33:
21:
1319:
1318:
1314:
1313:
1312:
1310:
1309:
1308:
1279:Banks of Poland
1259:
1258:
1257:
1252:
1198:ING Bank Śląski
1192:Credit Agricole
1153:
1139:
1137:
1107:
1102:
1073:PKO Bank Polski
1048:Bank Millennium
973:Benefit Systems
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930:
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697:
690:
681:
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672:"Citi Handlowy"
670:
669:
665:
660:
503:
466:
380:Danzig Shipyard
353:Rawa Mazowiecka
290:
255:nationalization
247:Danzig Shipyard
215:
212:
209:
206:
156:
152:
126:
124:
121:
103:
74:
64:
55:
43:
28:
23:
22:
15:
12:
11:
5:
1317:
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1289:1870 in Poland
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993:Cyfrowy Polsat
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852:External links
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824:Rzeczpospolita
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787:
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727:
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616:Andrzej Dorosz
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540:
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510:
508:Józef Zamoyski
502:
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376:Polish Kingdom
369:Russian Empire
306:Jozef Zamoyski
298:intelligentsia
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27:Bank in Poland
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1147:Largest banks
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1053:Orange Polska
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963:Asseco Poland
961:
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956:
954:
951:
950:
947:
943:
940:companies of
939:
934:
925:
920:
918:
913:
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906:
905:
902:
895:
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878:Citi Handlowy
874:
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676:finanse.wp.pl
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592:Henryk Kisiel
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416:New York City
413:
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313:St Petersburg
309:
307:
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295:
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285:
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275:
271:
266:
264:
263:privatization
260:
256:
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248:
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240:
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233:
229:
225:
224:Citi Handlowy
221:
218:), rebranded
201:
193:
190:
186:
182:
179:
177:
173:
167:2.41 billion
166:
163:
159:
151:
147:
143:
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137:
133:
119:
115:
112:
108:
105:
102:
97:
94:
91:
88:
84:
80:
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70:
67:Citi Handlowy
66:
63:
58:
51:
46:
42:Citi Handlowy
39:
34:
19:
894:Banks portal
828:. Retrieved
823:
814:
803:. Retrieved
799:
790:
779:. Retrieved
767:
757:
746:. Retrieved
742:
730:
719:. Retrieved
716:www.banki.pl
715:
706:
680:. Retrieved
675:
666:
650:2012-2021 –
644:2000-2012 –
638:1998-2000 –
632:1996-1998 –
626:1991-1996 –
620:1989-1990 –
614:1986-1988 –
608:1981-1986 –
604:Marian Krzak
602:1978-1980 –
596:1974-1977 –
590:1968-1973 –
584:1967-1968 –
578:1956-1966 –
574:Jakub Prawin
572:1951-1956 –
566:1949-1951 –
560:1947-1948 –
554:1945-1946 –
548:1939-1944 –
542:1932-1939 –
536:1927-1931 –
530:1888-1926 –
524:1881-1887 –
518:1878-1880 –
512:1872-1878 –
506:1870-1871 –
492:
481:
478:
459:
442:
440:
408:
392:
373:
310:
291:
267:
236:
223:
222:in 2003 and
219:
199:
198:
145:Headquarters
86:Company type
1194:Bank Polska
1013:Grupa Azoty
826:(in Polish)
610:Witold Bień
598:Witold Bień
363:(1897) and
361:Częstochowa
294:bourgeoisie
73:Native name
1263:Categories
1208:Millennium
1162:Alior Bank
1018:Grupa Kęty
988:CD Projekt
968:Bank Pekao
953:Alior Bank
842:Literature
830:2023-10-06
805:2023-09-22
781:2023-09-22
748:2023-09-22
721:2023-09-22
682:2023-09-22
658:References
432:Luxembourg
418:, Moscow,
410:branch in
127:1870-04-13
93:subsidiary
62:Trade name
1274:Citigroup
1213:Nest Bank
776:0099-9660
436:Frankfurt
357:Sosnowiec
347:, Guzów,
337:Włocławek
265:in 1997.
101:Traded as
1248:VeloBank
1243:SGB-Bank
1228:Pocztowy
1058:Orlen SA
1008:Eurocash
493:In 2021
420:Belgrade
400:Pekao SA
359:(1895),
329:Szczecin
270:Citibank
181:Citibank
1003:Enea SA
978:Budimex
958:Allegro
490:index.
288:History
207:
188:Website
161:Revenue
135:Founder
125: (
117:Founded
109::
1223:PKO BP
1151:Poland
1088:Tauron
1078:PZU SA
774:
447:- FOZZ
428:Vienna
412:London
365:Kalisz
349:Lublin
345:Grójec
325:Gdańsk
321:Berlin
317:Moscow
232:Poland
228:Warsaw
202:(BHW,
176:Parent
169:(2014)
155:Poland
150:Warsaw
90:Public
1218:Pekao
1203:mBank
1063:Pepco
1043:mBank
938:WIG30
739:(PDF)
488:WIG20
341:Płock
278:WIG20
183:(75%)
1093:Text
1033:Kruk
998:Dino
772:ISSN
434:and
424:Rome
351:and
333:Łódź
331:and
204:lit.
1182:BPS
1177:BOŚ
1167:BGK
1149:in
1098:XTB
1038:LPP
983:CCC
165:PLN
111:BHW
107:WSE
1265::
822:.
798:.
770:.
766:.
741:.
714:.
691:^
674:.
430:,
422:,
406:.
371:.
343:,
339:,
323:,
319:,
315:,
308:.
284:.
230:,
153:,
1132:e
1125:t
1118:v
923:e
916:t
909:v
833:.
808:.
784:.
751:.
724:.
685:.
443:(
216:'
210:'
129:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.