Bank Polski (the Bank of Poland) is the name of two former banks in Poland, each of which acted as a central bank. Poland (Polska officially the Republic of Poland A central bank, reserve bank, or monetary authority is the entity responsible for the Monetary policy of a country or of a group of member states The first was founded by Franciszek Ksawery Drucki-Lubecki in 1828 in Congress Poland and functioned until 1885, when it was absorbed by the State Bank of the Russian Empire. Franciszek Ksawery Drucki-Lubecki (Франциск-Ксаверий Друцкий-Любецкий sometimes spelled Xawery 1778 - 1846 was an important politician of the first half Congress Poland Kongresówka, officially and formally Kingdom of Poland (Królestwo Polskie {{IPA-pl|'|p|o|l|s|kʲ|e}} Царство Польское Tsarstvo Polskoye The State Bank of the Russian Empire (Государственный банк Российской Империи was the main Bank of the Russian Empire from 1860

The second was founded in 1924 in the Second Polish Republic by Władysław Grabski and was liquidated in 1952. The Second Polish Republic or interwar Poland is the Republic of Poland between World War I and World War II. Władysław Grabski ( 7 July 1874 - 1 March 1938) was a Polish politician economist and historian

Their legacy is continued by Poland's present central bank, the Polish National Bank, founded in 1945. A central bank, reserve bank, or monetary authority is the entity responsible for the Monetary policy of a country or of a group of member states Narodowy Bank Polski ( NBP; the Polish National Bank) is the Central bank of Poland.

History

Ksawery Drucki-Lubecki, founder of Poland's first central bank

The first Bank of Poland was founded in Warsaw in 1828 by Prince Franciszek Ksawery Drucki-Lubecki. Poland (Polska officially the Republic of Poland A central bank, reserve bank, or monetary authority is the entity responsible for the Monetary policy of a country or of a group of member states Warsaw (Warszawa; also known by other names) is the Capital and Largest city of Poland. The year 1828 ( MDCCCXXVIII) was a Leap year starting on Tuesday (link will display the full calendar of the Gregorian Calendar (or a Leap Franciszek Ksawery Drucki-Lubecki (Франциск-Ксаверий Друцкий-Любецкий sometimes spelled Xawery 1778 - 1846 was an important politician of the first half An institution of the government of the Kingdom of Poland, it was entitled with issuance of the Polish currency as well as control over the credit rates. Congress Poland Kongresówka, officially and formally Kingdom of Poland (Królestwo Polskie {{IPA-pl|'|p|o|l|s|kʲ|e}} Царство Польское Tsarstvo Polskoye It was also entitled with a concession to operate foreign currencies and buy off credits issued by foreign companies and banks.

5-złoty coin issued during the November 1830 Uprising. main - title Coin keywords numismatics coin review The November Uprising (1830&ndash1831&mdashalso known as the Cadet Revolution &mdashwas an armed rebellion against the rule of the Russian Empire in Poland

Throughout its existence, the Bank of Poland was allowed to issue banknotes and coins up to the amount of its stock (initially 30,000,000 złotych, 42 millions in 1834 and 53 millions in 1841). In Economics, money supply, or money stock, is the total amount of money available in an Economy at a particular point in time Software for Fixed assets management and Stock control developed in 2004. As a legal entity, the bank also financed a number of important enterprises in Russian-held Poland. Note This Wikipedia entry deals with the legal concept legal person. 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. Year 1842 ( MDCCCXLII) was a Common year starting on Tuesday (link will display the full calendar of the Gregorian Calendar (or a Common Zagłębie Dąbrowskie (literally Coal Fields of Dąbrowa;) is a historical and geographical region in Poland. Skarżysko-Kamienna is a town in northern Świętokrzyskie Voivodeship in Poland by Kamienna river to the north of Świętokrzyskie Mountains Seriously crippled by administrative measures after the November Uprising, after the January Uprising it was made subordinate directly to the Russian Imperial Ministry of Treasury. The November Uprising (1830&ndash1831&mdashalso known as the Cadet Revolution &mdashwas an armed rebellion against the rule of the Russian Empire in Poland The January Uprising ( Polish: powstanie styczniowe, Lithuanian: 1863 m During the period of liquidation of Polish institutions following the failed uprising, in 1870 it was deprived of the rights of a currency issuing organ and banned from giving long-term credits. Year 1870 ( MDCCCLXX) was a Common year starting on Saturday (link will display the full calendar of the Gregorian calendar (or a Common On January 1, 1886 it was officially closed down and by 1894 its assets were swallowed by the State Bank of Russia. New Year See also New Year The Ancient Romans began their consular year on January 1st since 153 BC Year 1886 ( MDCCCLXXXVI) was a Common year starting on Friday (link will display the full calendar of the Gregorian calendar (or a Common Year 1894 ( MDCCCXCIV) was a Common year starting on Monday (link will display the full calendar of the Gregorian calendar (or a Common

When Poland regained its independence in 1918, it was lacking a central bank. Year 1918 ( MCMXVIII) was a Common year starting on Tuesday (link will display the full calendar of the Gregorian calendar (or a Common Following the State Treasury Repair Act of January 11, 1924, minister Władysław Grabski created a new Bank of Poland as a joint stock company. Events 1055 - Theodora is crowned Empress of the Byzantine Empire. Year 1924 ( MCMXXIV) was a Leap year starting on Tuesday (link will display the full calendar of the Gregorian calendar. Władysław Grabski ( 7 July 1874 - 1 March 1938) was a Polish politician economist and historian A joint stock company (JSC is a type of business entity it is a type of Corporation or Partnership. Its stock was soon raised from the initial 100,000,000 złotych to 150 million, split onto 1. The złoty (/ˈzwɔtɨ/, plural for numbers ending in 2 3 and 4 (except 12 13 and 14 złote /ˈzwɔtɛ/ plural for all other numbers złotych /ˈzwɔtɨx/ 5 million shares. The bank was independent of the government of Poland, though it carried out its monetary policies. 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. A mutual shareholder or stockholder is an Individual or company (including a Corporation) that legally owns one or more shares of The President of the Republic of Poland ( Polish: Prezydent Rzeczypospolitej Polskiej, shorter form Prezydent RP) is the Polish Head of

Until December 31, 1944 the bank had a monopoly for printing currency, with the gold reserves of 40% or higher. Events 406 – Vandals, Alans and Suebians cross the Rhine, beginning an invasion of Gallia. Year 1944 ( MCMXLIV) was a Leap year starting on Saturday (link will display full calendar of the Gregorian calendar. In Economics, a monopoly (from Greek monos, alone or single + polein, to sell exists when a specific individual or enterprise has sufficient Gold reserves (or gold holdings) are held by Central banks as a Store of value. The dividend could not exceed 8% of income. Dividends are payments made by a Corporation to its Shareholder members In case of higher income the state treasury had the right to 50% to 66% of it. Prior to the Polish Defensive War of 1939, all of the gold reserves were evacuated from Poland to Paris and then to London and Canada. The Invasion of Poland (1939 precipitated World War II. It was carried out by Nazi Germany, the Soviet Union, and a small German-allied Year 1939 ( MCMXXXIX) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar. The Bank continued its functioning in exile, as the central bank of the Polish Government in Exile and financed most of its armed forces. The Government of the Polish Republic in Exile was the government of Poland after the country had been occupied by Germany and the Soviet Union during September–October In 1946 the remaining pre-war gold reserves were returned to the new communist authorities of Poland, while the Bank of Poland itself was closed down and finally swallowed by the newly-created National Bank of Poland in 1952. Year 1946 ( MCMXLVI) was a Common year starting on Tuesday (link will display full 1946 calendar of the Gregorian calendar. Narodowy Bank Polski ( NBP; the Polish National Bank) is the Central bank of Poland. Year 1952 ( MCMLII) was a Leap year starting on Tuesday (link will display full calendar of the Gregorian calendar.