The National Bank Of Poland (Polish: Narodowy Bank Polski, Abbreviation: NBP) Is The Central Bank Of Poland And The Issuing Unit Of The Polish Zloty. There Have Been Two Central Banks In Poland's History, Established During The Conference Kingdom Of Poland And The Second Polish Republic.
The National Bank Of Poland (NBP) Is The Central Bank Of The Republic Of Poland. It Performs The Tasks Stipulated In The Constitution Of The Republic Of Poland, The National Bank Of Poland Act And The Banking Act. The Above Legal Acts Guarantee The Independence Of The NBP From Other State Authorities.
The NBP Has Three Basic Functions: The Issuing Bank, The Bank Of The Bank And The Central Bank Of The State.
The Governing Bodies Of The National Bank Of Poland Are: The Managing Director Of The NBP, The Monetary Policy Committee And The NBP Management Committee.
The Primary Task Of The NBP Is To Maintain A Stable Price Level While Supporting The Government's Economic Policy, Provided That This Does Not Constrain The Main Objectives Of The NBP. According To The Monetary Policy Assumptions Formulated By The Monetary Policy Committee, The Objective Of The NBP Is To Maintain The Inflation Rate (understood As The Annual Percentage Change In The Consumer Price Index) At 2.5% With A Medium-term Symmetric Deviation Range Of ± 1 Percentage Point.
The Main Areas Of Activity Of The NBP Include:
- Implementation Of Monetary Policy;
- Measures For The Stability Of The National Financial System;
- Issuance Activities;
- Development Of Payment Systems;
- Management Of Poland's Foreign Exchange Reserves;
- Banking Services For The National Budget;
- Education And Information Activities.
The National Bank Of Poland Is Responsible For The Stability Of The National Currency. In Fulfilling This Constitutional Obligation, The NBP Formulates And Implements The Monetary Policy Strategy And Monetary Policy Assumptions Adopted Annually.
Through The Management Of Foreign Exchange Reserves, It Ensures An Appropriate Level Of Financial Security For The Country. Through The Issuance Of Cash, The Liquidity Of Cash Flows Is Guaranteed.
An Important Objective Of The NBP Is To Ensure The Stability Of The Financial System. As Part Of Its Supervisory And Regulatory Functions, The NBP Is Responsible For The Liquidity, Efficiency And Security Of The Payment System. It Also Contributes To The Development Of A Secure Financial Marekt Infrastructure.
The National Bank Of Poland Lodowy Carries Out Activities Aimed At The Dissemination Of Economic Knowledge.
