National Bank of Poland (NBP)
Polish Fin Min wants c bank help on foreign debt
Poland's finance ministry is seeking funds from the national bank at a preferential rate to use to repay part of Poland's foreign debt, so-called Brady bonds, according to Polish News Bulletin. Leszek Balcerowicz, president of the NBP, did not comment on…
Polish gov't wants c bank reserves to finance debt
Poland's new minister of finance Andrzej Raczko plans to use central bank foreign currency reserves to finance Polish foreign debt, the Polish News Bulletin reports. Members of the Monetary Policy Council oppose any decrease of reserves made against…
Polish c bank head calls for EU to speed reform
The head of Poland's national bank on Wednesday 25 june urged the EU to pressurize Poland and other states to speed up economic reform, according to the Financial Times. He urged Poland, Hungary and the Czech Republic to cut their high fiscal deficits.
Polish central bank chief seeks euro entry in 2007
National Bank of Poland President Leszek Balcerowicz told Bloomberg News in a television interview "Our hopes are for 2007" to adopt the euro and it was worth aiming for early adoption.
Poland: Central bank cuts interest rates
Poland's central bank cut interest rates on Thursday 24 April by 25 points. The bank has come under sustained pressure from the Polish government which has complained of a too restrictive monetary policy, according to a report from the PAP news agency.
Poland may join EU zone in 2006 says central bank
President of the National Bank of Poland (NBP) Leszek Balcerowicz sees the possibility of Poland's joining the European Monetary Union in 2006 provided that the standard two-year ERM2 period is shortened.
Who'll take over Poland's Monetary Policy Council?
ARTICLE - An interesting article 'New RPP in 2004: Who is Going to Replace the Hawks?' speculates on who may take over on the National Bank of Poland's Monetary Policy Council when the present members term finishes in 2004.
Poland's central bank warns of bad debt increase
POLAND - The National Bank of Poland (NBP) has published calculations indicating a 21 percent increase in the level of bad debts on loans granted by banks to corporate clients.
Balcerowicz: Maastricht convergence opportunity
INTERVIEW - Summary of an interview with Leszek Balcerowicz, governor of the National Bank of Poland and chief of its Monetary Policy Council. The interview was published in a recent issue of Gazeta Wyborcza.
The Polish conflict
Stanislaw Gomulka surveys the institutional causes and economic consequences of the bitter dispute between the government and central bank in Poland. The inexperience of both suggests a European solution.
Poland moves closer to the euro
POLAND - The National Bank of Poland (NBP) and Finance Ministry officials have begun to prepare a long-term strategy on adopting the euro, a senior central bank official has said.
Poland's c bank wants talks with finance minister
POLAND - The National Bank of Poland (NBP) has declared it wants dialogue with the finance minister following the 16 July presentation of his strategy, NBP president Leszek Balcerowicz has said.
Poland's c bank boosts reserves by $165m in April
POLAND - The announcement made by the National Bank of Poland (NBP), that it will boost reserves by $165m, signifies that Poland's reserve assets on the last day of April accounted for $27,224bn and were $660m higher than on 31 December 2001.
Polish rate cut too shallow - Fin Min
POLAND - The National Bank of Poland's (NBP) rate cuts on Thursday confirmed the bank's support for the leftist government's economic programme, but Finance Minister Marek Belka hoped for deeper cuts, his spokesman said.
IMF stresses Polish c bank must remain independent
POLAND - The International Monetary Fund expects a limited reduction in official Polish interest rates in 2002, as 900 basis points of cuts over the past 12 months take effect, but it harshly criticized government coalition members' attacks on the…
Polish MPC leaves rates steady despite pressure
POLAND - The National Bank of Poland (NBP) defied political pressure on Wednesday by leaving interest rates unchanged, matching market expectations but risking a run-in with the government over how to revive the economy, report Reuters.
Full integration for Poland's c bank in 2003
POLAND - Poland's central bank will be fully integrated with the European Central Banks System in 2003, National Bank of Poland President Leszek Balcerowicz told a Monday briefing.
Polish bank cautious about economic plan
POLAND - Two weeks after Poland's government issued an ambitious five-year strategy to kick-start slumping economic growth, the National Bank of Poland has maintained a stony silence.
Polish govt strategy breeds more caution
POLAND - Two weeks after Poland's left-wing government issued an ambitious five-year strategy to kick-start slumping economic growth, the National Bank of Poland has maintained a stony silence.
Poland deploys technology in reserve management
POLAND - Trema today announced that the National Bank of Poland has selected Finance KIT, Trema's straight-through processing treasury, risk and asset management solution, to automate its reserve management in preparation for Economic and Monetary Union…
Changes made in NBP management
POLAND - In line with the request made by the chairman of the National Bank of Poland (NBP) Leszek Balcerowicz, president Aleksander Kwasniewski dismissed four management members of the central bank and appointed three new ones.
Polish central bank head calls for fiscal reform
POLAND - Leszek Balcerowicz, president of the National Bank of Poland, stressed in a speech made on 10 August to the Polish parliament that tight monetary policy in 2000 had done the most to shelter Poland from worse macroeconomic disturbances that could…
Central bank Cooperation planned
POLAND - The National Bank of Poland (NBP) has officially signed cooperative agreements with its French and Italian counterparts at a ceremony in Warsaw.
Polish c-bank to reveal wages of top officials
POLAND - The National Bank of Poland (NBP) will reveal the salaries of its top officials on 7 June after deputies questioned why the pay of public servants was secret, senior central bank official Pawel Narozny said.