18:16 11 March 2026
VeloBank targets expansion
VeloBank plans to double its loan portfolio to PLN 43 billion and grow to 2.7 million customers by 2028, while aiming to become Poland’s leading private banking provider. The bank, created from the former Getin Noble Bank, currently serves about 1.7 million clients after adding roughly 700,000 under its previous strategy.
A key milestone will come mid-year, when VeloBank takes over the retail operations of Citi Handlowy, including credit cards, personal accounts and microbusiness clients. The deal will bring about 500,000 customers, raise assets above PLN 70 billion and increase the loan balance to roughly PLN 25 billion.
Retail banking will remain the main growth driver, while the bank also plans to expand investment products, brokerage services and leasing. VeloBank is open to acquisitions and aims to improve efficiency through automation and AI, targeting a cost-to-income ratio of 47 percent.
