Bank Gospodarstwa Krajowego (BGK)


Bank Gospodarstwa Krajowego is a state development bank whose mission is to support the social and economic development of Poland and the public sector in the fulfilment of its tasks.

The Bank is a financial partner actively supporting the entrepreneurship and making effective use of development programs. It is the initiator of and the participant in cooperation between business, public sector, and financial institutions.

Together with other development institutions, the Bank plays a significant role in implementation of the Strategy for Responsible Development, adopted by the Council of Ministers on 14 February 2017, which is the key document of the Polish state in the medium- and long-term economic policy.

BGK has a wonderful history of great achievements for Poland, which the Bank regards as an inspiration for its activities, but it looks to the future, because the effects of today’s work will be visible there. Every day, the Bank works for the future of Poland and the generations to come.


The history of BGK dates back to 1924 when the President of the Republic of Poland issued a decree establishing BGK.

The Bank's main tasks then included granting long-term loans through issuance of covered, municipal, railway and bank bonds and offering local government loans as well as providing loans to savings institutions and performing all other banking tasks. The Bank had special obligations towards state-owned and local government companies. Securities issued by BGK were guaranteed by the State Treasury.

At the turn of the 1920s and 1930s, BGK became one of the biggest banks of inter-war Poland and served as the primary participant in the economic restructuring process.

After World War II, BGK was reactivated yet its activity was suspended since 1948.

In 1989, BGK resumed its operation as a state-owned bank and as such acted primarily as issue agent for Treasury bonds, offered for the first time in several decades. The Bank's activities focused on the preparation of sub-agent deals for sale and redemption of bonds, development of accounting and reporting rules and organizing a nationwide sales network.

BGK today

Nowadays, BGK actively participates in the implementation of the state's economic objectives. During the economic slowdown, it provides funding for infrastructure investments and thus supports growth of this sector of the economy.

It is an important link in the provision of funding and support for areas that are important for the society, such as housing infrastructure, energy efficiency and public utilities. It supports Polish exporters by taking on part of the risk related to trading activities of Polish companies. Additionally BGK manages European programs and distributes EU funds at the national and regional levels. BGK manages several special purpose funds and a number of governmental programs.

In collaboration with other financial institutions, BGK improves access to funding for businesses, which translates into lower unemployment and stronger GDP growth.


Al. Jerozolimskie 7, 00-955 Warszawa
Headquarter's Reception Desk tel: +48 22 596 59 99, +48 22 599 80 95

BGK Line: 0 801 598 888 or +48 22 599 8888 (7.30 - 17.30)
fax: 0 22 627 03 78
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. 


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