Bank Handlowy w Warszawie S.A. · Warsaw Poland ·(Warsaw: BHW)
Company Description
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Bank Handlowy w Warszawie goes by the slightly more handy moniker Citi Handlowy. The Citi refers to parent Citigroup , the US mega bank. The Polish bank offers checking, savings, loans, insurance, and credit cards specifically targeted to individuals, small companies, and large companies. It has more than 200 branches across Poland with concentrations in Warsaw and Kraków. Like other Citi banks in Eastern Europe, Citi Handlowy offers educational programs to help people open and grow businesses and manage personal finances. The company was created by the 2001 merger of Bank Handlowy w Warszawie, Poland's oldest bank founded in 1870, and Citibank (Poland). To read the full description, subscribe now.
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Key Bank Handlowy w Warszawie S.A. Financials
| Company Type | - Warsaw: BHW |
| 2007 Sales (mil.) | $1,058.3 |
Bank Handlowy w Warszawie S.A. Executives
17 executives listed for Bank Handlowy w Warszawie S.A.'s Warsaw, location.
| Title | Name & Bio | Contact |
| Chairman | Stanislaw Soltysinski | Network |
| Vice Chairman | Shirish Apte | Network |
| Vice Chairman | Andrzej Olechowski | Network |
Competition
Competitive Landscape for Bank Handlowy w Warszawie S.A.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Bank Handlowy w Warszawie S.A. Competitors
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