Glapiński: cryptocurrencies make no sense for Polish economy

NBP head Adam Glapiński stated that “introducing [cryptocurrencies (like Bitcoin)], makes no sense for the Polish economy, as they only bring anxiety and provide room for speculation,” and that Poland will follow other European economies: “if they ban cryptocurrencies, so will Poland,” he said in an...

KNF and NBP need to merge – Central Bank head

Poland’s Central Bank (NBP) President Adam Glapiński said in Sejm, that it is necessary to merge the central bank with the Financial Supervision Authority (KNF) in order to create one macro-prudential supervisory body. “Micro-prudential supervision is of particular importance, as the effective funct...

Locked content Polish banking sector ‘exemplary’ – NBP head

Poland’s banking sector stability is exemplary, the situation of the sector is good and FX mortgages do not pose a risk for sector stability, Poland’s Central Bank (NBP) head Adam Glapiński said. “We have a very good banking system and a very high level of professionalism of bank managem...

Sejm elects Glapiński as new NBP governor

With 284 MPs voting for, 124 against and 34 abstaining, the lower chamber of parliament has chosen presidential candidate Adam Glapiński as the new president of the central bank NBP.  He will replace Marek Belka, whose six year tenure ends this month.