The Narodowy Bank Polski (pronounced[narɔdɔvɨbankpɔlski]; the National Bank of Poland), often abbreviated to NBP, is the central bank of Poland, founded in 1945. It controls the issuing of Poland's currency, the Polish złoty. The bank is headquartered in Warsaw, and has branches in 16 major Polish cities. The NBP represents Poland in the European System of Central Banks, an EU organization. The bank doesn't translate its name to English and uses its Polish name in all English communications.
During the Second World War the gold reserves of Poland were transferred to Romania, Great Britain and Canada. In November 1946, following the cancellation of Poland's wartime debt, the larger part of prewar gold reserves were returned to new communist authorities. In 1947, the gold deposited in Romania in 1939 was returned, while the former Bank of Poland itself was closed down and finally in 1952 absorbed by the newly created Narodowy Bank Polski.
The latter was one of two banks allowed to operate in Poland's postwar planned economy. It had a monopoly for currency, credits and accumulation of savings. The other bank, PKO Bank Polski, was responsible for private accounts. After the fall of the communist system in 1989, the market economy was reintroduced and the NBP limited its functions to currency control and supervision of other, privately controlled banks.
Structureedit
The structure and functioning of the Narodowy Bank Polski are regulated by article 227[4] of the Constitution of Poland of 1997 and the Narodowy Bank Polski Act[5] of the same year.[6] The President of the NBP is appointed by the Sejm, at the request of the President of the Republic of Poland, for a term of six years. The NBP President is responsible for the organisation and functioning of the Polish's central bank. The same person cannot serve as President of the NBP for more than two terms of office. Apart from his function as the superior of the NBP staff, he is also the chairman of the Monetary Policy Council, the NBP Management Board and the Commission for Banking Supervision. He is also responsible for representing Poland in international banking and financial institutions.
In 2019, the average employment at the National Bank of Poland on full-time amounts was 3312 people.[7]
Prof. Adam Glapinski in 2015, the current President of the NBP
2011 – award granted during the Numismatic Fair in Berlin "World Money Fair" for the Silver NBP coin with a denomination of PLN 10, dedicated to the Polish Underground State.[8]
2012 – 1st place at the International Coin of the Year (Coty) competition and the title of the most interesting coin of 2011 for NBP coins "Europe without barriers".[9]
2016 – the title of the most interesting coin of the world in the prestigious numismatic contest Coin of the Year 2016 for the coins issued by the NBP, commemorating the 100th birthday of Jan Karski.[10]
2017 – award on the Currency Conference for a collector's banknote "1050th anniversary of the Christianization of Poland" issued by the NBP.[11]
^Weidner, Jan (2017). "The Organisation and Structure of Central Banks". Katalog der Deutschen Nationalbibliothek.
^"Narodowy Bank Polski – Internetowy Serwis Informacyjny". nbp.pl. Retrieved 4 November 2021.
^"The history of central banking in Poland". Narodowy Bank Polski. 22 September 2014. Retrieved 11 April 2016.
^Art. 227 Konstytucji Rzeczypospolitej Polskiej z dnia 2 kwietnia 1997 r. (Dz.U. z 1997 r. nr 78, poz. 483).
^Piotr Stanisławiszyn (31 December 2011). "POWOŁANIE I ODWOŁANIE PREZESA NARODOWEGO BANKU POLSKIEGO W KONSTYTUCJI RZECZYPOSPOLITEJ POLSKIEJ I USTAWIE O NARODOWYM BANKU POLSKIM". Ekonomia I Prawo. 7. doi:10.12775/eip.2011.009. ISSN 1898-2255.
^"Organizacja NBP" (PDF). Ustawa o Narodowym Banku Polskim (in Polish). Narodowy Bank Polski. 29 August 1997. Retrieved 18 April 2013.
^"Sprawozdanie z działalności Narodowego Banku Polskiego w 2019 roku. Druk nr 394". sejm.gov.pl. 28 May 2020. p. 10. Retrieved 30 August 2020.
^"Najbardziej inspirująca moneta na świecie". Portal Taxfin. 8 February 2011. Retrieved 13 October 2020.
^"Polska moneta wygrała prestiżowy konkurs". Onet Biznes. 7 December 2012. Retrieved 13 October 2020.
^"Polska moneta zachwyciła świat. Co upamiętnia?". www.tvp.info. 12 November 2015. Retrieved 13 October 2020.
^"Sukces NBP i PWPW. Polski banknot z prestiżową nagrodą". Biznes Wprost. 16 May 2017. Retrieved 13 October 2020.
^"NBP nagrodzony za wspieranie przedsiębiorców". wgospodarce.pl. Retrieved 13 October 2020.
national, bank, poland, narodowy, bank, polski, pronounced, narɔdɔvɨ, bank, pɔlski, often, abbreviated, central, bank, poland, founded, 1945, controls, issuing, poland, currency, polish, złoty, bank, headquartered, warsaw, branches, major, polish, cities, repr. The Narodowy Bank Polski pronounced narɔdɔvɨ bank pɔlski the National Bank of Poland often abbreviated to NBP is the central bank of Poland founded in 1945 It controls the issuing of Poland s currency the Polish zloty The bank is headquartered in Warsaw and has branches in 16 major Polish cities The NBP represents Poland in the European System of Central Banks an EU organization The bank doesn t translate its name to English and uses its Polish name in all English communications National Bank of PolandNarodowy Bank PolskiOfficial logoHeadquartersWarsaw PolandEstablished1945Ownership100 state ownership 1 PresidentAdam GlapinskiCentral bank ofPolandCurrencyPolish zloty zl PLN ISO 4217 Reserves 162 7 billion May 2021 2 Preceded byBank of Issue in PolandWebsitewww wbr nbp wbr pl in Polish and English Headquarters of the National Bank of Poland in central Warsaw 2015 Contents 1 History 2 Structure 2 1 List of presidents of the NBP 3 Awards 4 Buildings 5 See also 6 References 7 External linksHistory editAlthough the bank has existed under its current name since 1945 3 it claims the legacy of two previous central banks both named Bank of Poland Polish Bank Polski The First Bank of Poland was founded in Warsaw in 1828 by Prince Franciszek Ksawery Drucki Lubecki under the government of the Kingdom of Poland The Second Bank of Poland founded in 1924 was the central bank of the Second Polish Republic During the Second World War the gold reserves of Poland were transferred to Romania Great Britain and Canada In November 1946 following the cancellation of Poland s wartime debt the larger part of prewar gold reserves were returned to new communist authorities In 1947 the gold deposited in Romania in 1939 was returned while the former Bank of Poland itself was closed down and finally in 1952 absorbed by the newly created Narodowy Bank Polski The latter was one of two banks allowed to operate in Poland s postwar planned economy It had a monopoly for currency credits and accumulation of savings The other bank PKO Bank Polski was responsible for private accounts After the fall of the communist system in 1989 the market economy was reintroduced and the NBP limited its functions to currency control and supervision of other privately controlled banks Structure editThe structure and functioning of the Narodowy Bank Polski are regulated by article 227 4 of the Constitution of Poland of 1997 and the Narodowy Bank Polski Act 5 of the same year 6 The President of the NBP is appointed by the Sejm at the request of the President of the Republic of Poland for a term of six years The NBP President is responsible for the organisation and functioning of the Polish s central bank The same person cannot serve as President of the NBP for more than two terms of office Apart from his function as the superior of the NBP staff he is also the chairman of the Monetary Policy Council the NBP Management Board and the Commission for Banking Supervision He is also responsible for representing Poland in international banking and financial institutions In 2019 the average employment at the National Bank of Poland on full time amounts was 3312 people 7 nbsp Prof Adam Glapinski in 2015 the current President of the NBP List of presidents of the NBP edit Edward Drozniak 1945 1949 Witold Trampczynski 1950 1956 Edward Drozniak 1956 1961 Adam Zebrowski 1961 1965 Stanislaw Majewski 1965 1968 Leonard Siemiatkowski 1968 1972 Witold Bien 1973 1980 Stanislaw Majewski 1981 1985 acting Zdzislaw Pakula 1985 Wladyslaw Baka 1985 1988 Zdzislaw Pakula 1988 1989 Wladyslaw Baka 1989 1991 Grzegorz Wojtowicz 1991 acting Andrzej Topinski 1991 1992 Hanna Gronkiewicz Waltz 1992 2001 Leszek Balcerowicz 2001 2007 Slawomir Skrzypek 2007 2010 acting Piotr Wiesiolek 2010 Marek Belka 2010 2016 Adam Glapinski since 2016 Awards edit2011 award granted during the Numismatic Fair in Berlin World Money Fair for the Silver NBP coin with a denomination of PLN 10 dedicated to the Polish Underground State 8 2012 1st place at the International Coin of the Year Coty competition and the title of the most interesting coin of 2011 for NBP coins Europe without barriers 9 2016 the title of the most interesting coin of the world in the prestigious numismatic contest Coin of the Year 2016 for the coins issued by the NBP commemorating the 100th birthday of Jan Karski 10 2017 award on the Currency Conference for a collector s banknote 1050th anniversary of the Christianization of Poland issued by the NBP 11 2020 main award by Dziennik Gazeta Prawna for supporting entrepreneurs during pandemic 12 Buildings edit nbsp Warsaw nbsp Lodz nbsp Wroclaw nbsp GdanskSee also edit nbsp Banks portal Economy of Poland Monetary Policy Council Polish zloty List of central banksReferences edit Weidner Jan 2017 The Organisation and Structure of Central Banks Katalog der Deutschen Nationalbibliothek Narodowy Bank Polski Internetowy Serwis Informacyjny nbp pl Retrieved 4 November 2021 The history of central banking in Poland Narodowy Bank Polski 22 September 2014 Retrieved 11 April 2016 Art 227 Konstytucji Rzeczypospolitej Polskiej z dnia 2 kwietnia 1997 r Dz U z 1997 r nr 78 poz 483 Piotr Stanislawiszyn 31 December 2011 POWOLANIE I ODWOLANIE PREZESA NARODOWEGO BANKU POLSKIEGO W KONSTYTUCJI RZECZYPOSPOLITEJ POLSKIEJ I USTAWIE O NARODOWYM BANKU POLSKIM Ekonomia I Prawo 7 doi 10 12775 eip 2011 009 ISSN 1898 2255 Organizacja NBP PDF Ustawa o Narodowym Banku Polskim in Polish Narodowy Bank Polski 29 August 1997 Retrieved 18 April 2013 Sprawozdanie z dzialalnosci Narodowego Banku Polskiego w 2019 roku Druk nr 394 sejm gov pl 28 May 2020 p 10 Retrieved 30 August 2020 Najbardziej inspirujaca moneta na swiecie Portal Taxfin 8 February 2011 Retrieved 13 October 2020 Polska moneta wygrala prestizowy konkurs Onet Biznes 7 December 2012 Retrieved 13 October 2020 Polska moneta zachwycila swiat Co upamietnia www tvp info 12 November 2015 Retrieved 13 October 2020 Sukces NBP i PWPW Polski banknot z prestizowa nagroda Biznes Wprost 16 May 2017 Retrieved 13 October 2020 NBP nagrodzony za wspieranie przedsiebiorcow wgospodarce pl Retrieved 13 October 2020 External links editNarodowy Bank Polski official site 52 14 11 N 21 00 53 E 52 23639 N 21 01472 E 52 23639 21 01472 Retrieved from https en wikipedia org w index php title National Bank of Poland amp oldid 1215073778, wikipedia, wiki, book, books, library,
