X-Nico

5 unusual facts about Bank of Poland


Bank of Poland

Between 1829 and 1837 it spent a large part of its income on road construction, until 1842 it was also the main sponsor of the coal mining development in the region of Zagłębie and the Old Polish Industrial Area around Skarżysko-Kamienna.

As the main shareholder, the President of Poland had the right to name the chairman and deputy chairman of the bank's board of trustees.

Władysław Grabski

Grabski’s (and the ministerial cabinet’s) great achievement in those years was the foundation of the Bank of Poland and the creation of the new Polish currency – the gold-based złoty which replaced the Polish mark.

The Bank of Poland was faced with both a commercial deficit and an increasing national debt.

He became an outward looking visionary, a man who would be responsible for creating the Bank of Poland and implementing the Polish currency.



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