Suchergebnisse

The idea of establishing the Bank of Poland as the central bank of the Second Polish Republic and introducing a new currency appeared shortly after Poland regained its independence. At the beginning of 1919, in the economic circles it was believed that one of the initial steps taken by the government would be to establish a new issuing bank in place of the Polish National Loan Fund, which had appeared on the Polish territory in an emergency situation—during the First World War, and which, contrary to the original (both German and Polish) plans survived for 7 years and was transformed after the war into the first bank of issue in the now independent Polish State.
The Polish National Loan Fund established by the Germans as an issuing institution by way of the ordinance of December 9, 1916 establishing the Polnische Landes Darlehnskasse was granted the privilege of issuing a new currency, that is a new monetary unit under the name marka polska. The German authorities were guided by various objectives when creating the new issuing institution—first of all, the aim was to limit the area of circulation of the German mark and to create an instrument that would draw in the occupied area of the Polish territory to finance the war, contrary to the assurances of the occupying authorities that the PKKP would be an institution supporting the economy and banking system of the country—the Kingdom of Poland, whose creation was envisaged after the end of World War I.

The legal nature of the Polish Financial Supervision Authority has not been explicitly stated by the legislator. This gives rise to discussions and disputes on this subject, which are conducted both by doctrine and by judicature. This paper presents the basic problems in this area by attempting to determine the legal nature of this entity, which plays an extremely important role in the functioning of the Polish financial system and thus in the stable and safe functioning of the state as a whole.

The Bank of Poland joint stock company was established in 1924 as the central bank of the Second Republic. It was planned to be set up shortly after Poland regained its independence, however, it turned out to be possible only a few years later, after the fiscal and monetary reform. It was not an easy task, only Władysław Grabski's government managed to do it. A broad-based share subscription was made for the Bank's shares, as this bank was supposed to operate in the form of an organizational and legal joint stock company. A new monetary unit was introduced, which was given the traditional name "zloty". The Statute of the Bank of Poland indicated the main objectives of its activity and explicitly defined the structure and functions of the authorities of this bank of whom the key importance should be attributed to the Bank Board. ; Bank Polski SA został utworzony w 1924 r. jako bank centralny II RP. Planowano jego utworzenie tuż po odzyskaniu przez Polskę niepodległości, jednak okazało się to możliwe dopiero kilka lat później, po przeprowadzeniu reformy skarbowej i walutowej. Nie było to zadanie łatwe, a udało się dopiero rządowi Władysława Grabskiego. Przeprowadzono szeroko zakrojoną akcję zapisów na akcje Banku Polskiego, jako że bank ten miał działać w formie organizacyjnoprawnej spółki akcyjnej. Wprowadzono też nową jednostkę monetarną, której nadano tradycyjną nazwę "złoty". Statut Banku Polskiego wskazywał główne cele jego działalności oraz wyraźnie określał strukturę i funkcje władz tego banku, spośród których kluczowe znaczenie należy przypisać Radzie Banku.