Poland · Financial institution
Velobank S.A.
Legal name in the LEI recordVELOBANK SPÓŁKA AKCYJNA
VeloBank S.A. is a Polish bank incorporated as a joint-stock company (spółka akcyjna) with its seat in Warsaw. It was registered on 9 September 2022. On 3 October 2022 it took over the business of Getin Noble Bank S.A. as a bridge institution under a resolution decision of the Bank Guarantee Fund (BFG). Since August 2024 it has been owned through Promontoria Holding 418 B.V. by funds managed by Cerberus Capital Management, and the bank also names the EBRD and IFC as shareholders. On 12 June 2026 it took over the retail banking business of Bank Handlowy w Warszawie S.A. (Citi Handlowy) by way of demerger.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Not on the ECB reserve list
- Listed as
- VeloBank Spółka Akcyjna
- RIAD code
- PL00293
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Polish Financial Supervisory Authority (KNF) | 2026-02-26 | A1 A2 A5 A7 B1 B4 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- GBGCPLPKXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under GBGCPLPK directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · T2
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1995-05-01
- Last updated
- 2022-12-21
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Promontoria Holding 418 B.V.
Institution type
Universal bank
Trades as VeloBank
- Standing
- The bank began operating on 3 October 2022 as a bridge institution. That day the Bank Guarantee Fund (BFG) transferred to it the business of Getin Noble Bank S.A. in resolution. Its bridge status ended when funds managed by Cerberus, the EBRD and IFC acquired it in August 2024. On 12 June 2026 it took over the retail business of Bank Handlowy w Warszawie S.A. by demerger.
- Ownership
- According to the 2025 financial statements, Promontoria Holding 418 B.V. (Baarn, Netherlands) holds 100% of the shares, and it is controlled by funds managed by Cerberus Capital Management, L.P.
- Direct parent
- Promontoria Holding 418 B.V., Netherlands 100%
- Ultimate owner
- Cerberus Capital Management, L.P. (funds managed by), United States
- Head office
- Rondo Ignacego Daszyńskiego 2 C (The Warsaw Hub), 00-843 Warszawa, Poland
- Company register
- KRS 0000991173, Sąd Rejonowy dla m.st. Warszawy, XIII Wydział Gospodarczy KRS (NIP 7011105189, REGON 523075467)
- Former name
- BANK BFG SPÓŁKA AKCYJNA
Business lines
According to its 2025 financial statements, loans to individuals made up about 81% of its loan portfolio. The bank describes its offer as covering individuals, including private banking, firms of every size and public-sector institutions.
Online
- Websites & references
- velobank.pl ↗
secure.velobank.pl ↗ online banking login - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗
Sources · 14 pages consulted
- velobank.pl/o-banku/wladze
- velobank.pl/kontakt
- velobank.pl/o-banku
- velobank.pl/o-banku/wyniki-finansowe-grupy-kapitalowej-velobank-sa
- velobank.pl/dokumenty/jednostkowe-sprawozdanie-finansowe-2025
- velobank.pl/dokumenty/lista-korespondentow-prowadzacych-rachunki-nostro-na-rzecz-velobank-sa-w-poszcz
- velobank.pl/dokumenty/lista-korespondentow-velobank-sa-w-walutach-obcych.pdf
- velobank.pl/klienci-indywidualni/biuro-prasowe/velobank-powieksza-zarzad-andrzej-wilk-pokieruje-rozwo
- citibank.pl/aktualnosci/2026-06-12-citi-handlowy-finalizuje-sprzedaz-biznesu-detalicznego.html
- velobank.pl/klienci-indywidualni/biuro-prasowe/velobank-finalizuje-przejecie-czesci-detalicznej-citi-
- bank.pl/prezes-velobank-nie-wyklucza-przejec-na-rynku-bankowym/
- bankier.pl/wiadomosc/UKNF-analizuje-migracje-klientow-Citi-do-VeloBanku-9154063.html
- stockwatch.pl/wiadomosci/velobank-zgoda-knf-biuro-maklerskie,akcje,367667
- knf.gov.pl/komunikacja/komunikaty?articleId=99277&p_id=18
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Adam Marciniak Prezes Zarządu (President of the Management Board)
- Chair
- Jakub Papierski Przewodniczący Rady Nadzorczej (Chair of the Supervisory Board)
- Chief financial officer
-
Tomasz Kubiak
Członek Zarządu ds. finansowych (Management Board Member for Finance)
- Executive
-
Paulina Strugała
Członkini Zarządu ds. Zarządzania Ryzykiem (Management Board Member for Risk Management)
- Executive
- Andrzej Wilk Członek Zarządu odpowiedzialny za pion klienta zamożnego (Management Board Member for the affluent client division)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Poland
- Polish Financial Supervision Authority (KNF) Prudential supervisorConductSecuritiesAML supervisor
- Poland
- National Bank of Poland (NBP) Central bank
- Poland
- Bank Guarantee Fund (BFG) Resolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Leadership
The bank appointed Andrzej Wilk, formerly a Citi Handlowy vice-president, to its management board on 23 July 2026.
velobank.pl ↗ -
Investigation
According to Bankier.pl, the KNF Office reviewed the migration of Citi Handlowy retail clients, including incidents and service disruptions.
bankier.pl ↗ -
Merger / acquisition
The registry court registered the demerger on 12 June 2026, transferring Bank Handlowy's retail business, clients and branches to the bank.
citibank.pl ↗ -
Merger / acquisition
The bank completed its acquisition of 86.83% of VeloFunds TFI S.A., formerly Noble Funds TFI, on 10 September 2025.
velobank.pl ↗ -
Merger / acquisition
The BFG completed the sale of the bank to Cerberus, the EBRD and IFC. The new owners recapitalised it and its bridge-bank status ended.
bank.pl ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- GBGCPLPKXXX
- How the BIC breaks down
- GBGCBank
- PLCountry · Poland
- PKLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2594000ZNGGQZXZKXH36
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Numer rozliczeniowy 14600009 + 22 more
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Poland · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- THE WARSAW HUB RONDO I.DASZYNSKIEGO 2 C WARSZAWA 00-843 POLAND
- Operational address
- THE WARSAW HUB RONDO I. DASZYNSKIEGO 2C WARSZAWA 00-843 WARSZAWA POLAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>GBGCPLPKXXX</BICFI>
<LEI>2594000ZNGGQZXZKXH36</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>GBGCPLPKXXX</BICFI>
<LEI>2594000ZNGGQZXZKXH36</LEI>
<Nm>VELOBANK S.A.</Nm>
<PstlAdr>
<TwnNm>WARSZAWA</TwnNm>
<Ctry>PL</Ctry>
<AdrLine>THE WARSAW HUB RONDO I.DASZYNSKIEGO 2 C WARSZAWA 00-843</AdrLine>
</PstlAdr>
</FinInstnId>10 national bank codes route to this BIC. The blocks add none, because the right one depends on the account.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2012-02-06 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Numer rozliczeniowy · Poland
Showing 10 of 23 codes file of 2026-09-25 · ISO 20022 clearing system code PLKNR
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 14600009 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 14601181 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 14601240 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15600013 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601010 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601023 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601049 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601081 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601094 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
| 15601108 | GBGCPLPK | VeloBank Spółka Akcyjna | Warszawa |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Correspondent banking
The bank publishes 15 accounts at other banks, across 2 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
15 accounts at other banks, in 15 currencies, as the bank publishes them: velobank.pl ↗
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| AUD | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| CAD | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| CHF | UBS Switzerland AG, Zürich Switzerland | UBSWCHZH80A | — | Matches the Swift directory |
| CZK | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| DKK | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| EUR | Deutsche Bank AG, Frankfurt am Main Germany | DEUTDEFF | — | Matches the Swift directory |
| GBP | Deutsche Bank AG, London United Kingdom | DEUTGB2L | — | Matches the Swift directory |
| HUF | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| JPY | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| NOK | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| PLN | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| RON | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| SEK | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
| USD | Deutsche Bank Trust Company Americas, New York United States | BKTRUS33 | — | Matches the Swift directory |
| ZAR | PKO Bank Polski SA, Warsaw Poland | BPKOPLPW | — | Matches the Swift directory |
One-page PDF titled 'Lista korespondentów VeloBank S.A. w walutach obcych' with columns 'Bank korespondent NOSTRO' and SWIFT. It has 15 rows, all extracted, and no account numbers. The page is undated. Its footer shows share capital of PLN 897,944,750, which suggests it was issued after the June 2026 capital increase. An older version at /dokumenty/lista-korespondentow-velobank-sa-w-walutach-obcych.pdf (share capital PLN 25,000,000) has the same banks and also lists BGN via PKO Bank Polski, but no ZAR. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants.
- National bank codes—Poland (Source: Narodowy Bank Polski).
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: velobank.pl (official website) · original; Tomasz Kubiak: velobank.pl (official website) · original; Paulina Strugała: velobank.pl (official website) · original.
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