National Development Bank (Poland)
| Company type | Public bank |
|---|---|
| Industry | Financial services |
| Founded | 1924 |
| Headquarters | Aleje Jerozolimskie 7 Warsaw, Poland |
Key people | Beata Daszyńska-Muzyczka (CEO) Paweł Borys (chairman) |
| Products | Export, investment, housing support |
| PLN 369.9 million (2020) | |
| PLN 315.7 million (2020) | |
| Total assets | PLN 160,301.2 million (end 2020) |
| Total equity | PLN 23,874.0 million (end 2020) |
Number of employees | 1 859 (FTE, end 2020) |
| Capital ratio | 33.06% (end 2020) |
| Website | en |
The National Development Bank (Polish: Bank Gospodarstwa Krajowego, BGK) is a Polish national development bank with headquarters in Warsaw, is a state-owned bank in Poland, operating under a dedicated bill of law. Its main tasks are: support and servicing of export transactions, issuing governmental guarantees, and support of housing.
Founded in 1924 under an initiative of Minister of Treasury Władysław Grabski, its first president was a former Minister of Treasury, Jan Kanty Steczkowski. The bank was involved in Polish international trade, funding of numerous companies and of Polish Central Industrial Region.
After the World War II its activity was gradually phased-out, until it was reactivated in 1989.