Which institution became Poland’s central bank under the 1945 decree that created the National Bank of Poland?

The National Bank of Poland became Poland’s central bank under a 1945 decree that created the institution.

The bank was established on January 15, 1945, after the Polish Committee of National Liberation issued the relevant decree. It replaced the Bank of Poland as the country’s principal monetary institution in the postwar period.

The National Bank of Poland, known by the abbreviation NBP, issues Poland’s złoty and conducts monetary policy. It is headquartered in Warsaw. Although the bank had a broader commercial-banking role during the communist period, reforms after 1989 moved it toward the modern central-bank model, emphasizing monetary policy and price stability.