National Bank of Poland


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National Bank of Poland

The central bank of Poland. It controls issue of the Polish zloty. It was established under its current name in 1945, but traces its origins to the Bank of Poland in the 19th century. Its president is appointed by the Sejm (Polish parliament) upon the request of the President of Poland.
References in periodicals archive ?
The National Bank of Poland computes the four core inflation indices on a monthly basis, which helps understand the nature of inflation developments in Poland.
Leszek Balcerowicz is an economics expert and former chairman of the National Bank of Poland.
However, the communication by the National Bank of Poland should be particularly enhanced in periods when prices of frequently bought products increase at a significantly higher rate than do prices of the remaining items of the CPI basket.
The genesis of Poland's anti-money laundering (AML) regime was November 1, 1992, when the President of the National Bank of Poland issued an order instructing banks how to deal with money entering the financial system through illegal sources.
A July 2006 report by the National Bank of Poland (NBP) cites the Central Statistical Office of Poland (GUS) as the source for information the NBP presents on consumer expectations for the second quarter 2006.
Equation (2) represents an extended Taylor rule that the dependent variable is the short-term real interest rate that is controlled by the National Bank of Poland.
The development of the Polish banking system started in 1989 with the creation of nine regional state-owned commercial banks from the regional offices of the National Bank of Poland (NBP, the central bank).
Treasury through the Exchange Stabilization Fund (ESF), together with the Bank for International Settlements (BIS), acting for certain participating central banks, agreed to provide short-term support of $500 million to the National Bank of Poland for its economic stabilization and reform efforts, effective December 27.
Tighter fiscal policy, lower commodity prices and inflation-targeting by the National Bank of Poland (NBP, the central bank) will help to bring down annual average inflation in 2013.
The National Bank of Poland has held fast to its promise to keep interest rates steady after ending a three-year easing cycle, with a half-point cut to 1.
SAN FRANCISCO, March 26, 2013 /PRNewswire/ -- The Polish President, Lech Kaczynski, and 95 other people, including Poland's First lady, former President Ryszard Kaczorowski, deputy foreign minister, deputy defense minister, 15 members of Parliament, the chiefs of the army, air force, navy, the president of the National Bank of Poland, government officials, senior members of the Polish clergy and relatives of victims of the Katyn massacre, were killed in a plane crash near Smolensk, Russia, on April 10, 2010.
The event was held rather earlier than usual, to mark the occasion of the three-day visit of an official delegation from Poland led by Prof Marek Belka, a former prime minister and currently president of the National Bank of Poland (NBP).
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