Bank Handlowy Operations and Business Locations

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Bank Handlowy is a significant player in the Polish banking market, with a rich history dating back to 1929. It offers a wide range of financial services, including corporate and retail banking.

The bank operates through a network of branches and business locations across Poland, providing customers with convenient access to its services. Bank Handlowy has a strong presence in major cities such as Warsaw and Krakow.

Bank Handlowy's operations are supported by a robust IT infrastructure, enabling it to deliver efficient and secure banking services to its customers. This infrastructure is a key factor in the bank's ability to provide 24/7 access to its services.

Financials

Bank Handlowy's financials are a crucial aspect of understanding the bank's overall health and performance.

The bank's market capitalization is a staggering 14 058 972 960 zł, giving it a significant presence in the market.

Its free float is a relatively modest 25.02%, indicating that a substantial portion of the company's shares are held by institutional or individual investors.

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Credit: pexels.com, Close view of the United States National Bank building with classic columns and architecture.

The bank has a total of 130 659 600 shares outstanding, providing a solid foundation for its market capitalization.

The dividend payout for 2024 is a generous 11.15 zł, representing a dividend yield of 10.20%.

This dividend payout is a significant aspect of the bank's financial strategy, and it's likely to be a key consideration for investors.

Here's a breakdown of the bank's financials:

Leadership

Bank Handlowy has had a long line of leaders, with Henryk Kisiel being the first post-war president of the board. He was followed by several other presidents, including Roman Malesa, Marian Minkiewicz, and Stanisław Kobak.

Cezary Stypułkowski took the reins from 1991 to 2003, and then Sławomir S. Sikora led the bank from 2003 to 2021. Elżbieta Światopełk-Czetwertyńska has been the CEO since 2021, replacing Sławomir Sikora.

Here's a list of Bank Handlowy's presidents of the board:

  • Henryk Kisiel
  • Roman Malesa
  • Marian Minkiewicz
  • Stanisław Kobak
  • Kazimierz Głażewski
  • Tadeusz Barłowski
  • Cezary Stypułkowski (1991–2003)
  • Sławomir S. Sikora (2003–2021)
  • Elżbieta Światopełk-Czetwertyńska (2021-present)

Location and Operations

Bank Handlowy has its headquarters in Warsaw, Poland. The bank has a significant presence in the country, with a network of branches and offices across Poland.

From below classic styled historic building of United States National Bank with wooden doors and vintage lanterns located in Portland
Credit: pexels.com, From below classic styled historic building of United States National Bank with wooden doors and vintage lanterns located in Portland

Bank Handlowy's history dates back to 1924, when it was founded as a joint-stock company. It has since undergone several transformations and mergers.

The bank's operations are primarily focused on corporate and investment banking, as well as asset management. Bank Handlowy provides a range of financial services to its clients, including corporate finance, investment banking, and securities trading.

Bank Details

Bank Handlowy's headquarters is located in Warsaw, Poland.

The bank offers a range of services, including corporate banking, investment banking, and private banking.

Bank Handlowy has a strong presence in the Polish market, with a large network of branches and ATMs.

You can contact Bank Handlowy's customer service department for any questions or concerns you may have.

History

The concept of banking has been around for thousands of years, with evidence of early banking systems dating back to ancient civilizations in Mesopotamia around 2000 BC.

The first modern banks emerged in Italy during the 15th century, with the Medici family establishing the first private bank in 1397.

Additional reading: Firstbank Digital Banking

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The first banknotes were introduced in China during the Tang Dynasty in the 7th century, with the first paper money issued in 1023.

The concept of a bank account has been around since the 17th century, with the first recorded bank account opened in 1656 by the Dutch East India Company.

The first automated teller machine (ATM) was introduced in 1967 by Barclays Bank in the UK.

The widespread adoption of online banking began in the late 1990s, with the first online banking platforms launched in the US and Europe.

Swift Code Details

A SWIFT/BIC code is made up of 8-11 characters that identify your country, city, bank, and branch.

Bank codes are usually a shortened version of the bank's name and are made up of 4 letters.

Country codes are 2 letters that represent the country the bank is in.

The location code is 2 characters that indicate where the bank's head office is. It can be made up of letters or numbers.

Credit: youtube.com, EASIEST Way To Get Swift/BIC Code Of Any Bank || How To Find SWIFT or BIC Code For Banks

Branch codes are 3 digits that specify a particular branch, and 'XXX' represents the bank's head office.

Here's a breakdown of the different parts of a SWIFT/BIC code:

Frequently Asked Questions

Is Citibank available in Poland?

Yes, Citibank has a presence in Poland, dating back to 1991. Learn more about our services and history in Poland.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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