The Bank Krajowy, full name Bank Krajowy dla Królestwa Galicji i Lodomerii wraz z Wielkim Księstwem Krakowskim (, lit. 'Provincial Bank of the Kingdom of Galicia and Lodomeria together with the Grand Duchy of Krakow'), was a government-owned financial institution, established in 1881 by the Diet of Galicia and Lodomeria in Lemberg, now Lviv. In 1920, its seat was relocated to Warsaw and its name changed to Polski Bank Krajowy, generally translated as Polish National Bank.[1] In 1924, it was merged into the newly created Bank Gospodarstwa Krajowego.
History
The Bank Krajowy was the first credit institution in Galicia that emerged outside of the Jewish community, leaving aside direct loans provided by large landowners. It was supported by Leon Biliński, then received decisive support from Mikołaj Zyblikiewicz, mayor of Kraków, who convinced the Diet of Galicia and Lodomeria to establish it by a resolution of 1881/10/21.[2] The new public bank, whose capital was subscribed by the provincial government, started operations on 1883/07/02.
In 1895, the Bank Krajowy opened a branch in Kraków. In 1905, it moved into a new purpose-built head office adjacent to the Galician Diet building in Lemberg (which later became the main building of the University of Lviv). In 1910, it opened another branch in Biała, for which it erected a new building designed by architect Leopold Landau in the early 1920s.[3] By then, it was the dominant credit institution in Galicia, partly substituting the Austro-Hungarian Bank. It lent to local government and public institutions, and thus financed public investments such as railways and tramways. It also discounted commercial bills, lent to small landowners, and collected retail deposits.
During World War I, its headquarters was temporarily relocated to Vienna. In 1920, Bank Krajowy became property of the newly established government of the
Leadership
Chairmen
- Hipolit Bochdan (1882–1908)
- August Gorayski (1908–1913)
- Kazimierz Piotr Laskowski (1913–1919)
- Stanisław Niezabitowski (1919-1922)
- Jan Kanty Steczkowski (1922-1924)
Directors
- Antoni Wrotnowski (1882–1888)
- Alfred Zgórski (1888–1913)
- Jan Kanty Steczkowski (1913–1920)[6]
See also
- Zemská Banka, formerly Landesbank des Königreiches Böhmen
- Landesbank für Bosnien und Herzegowina
- Landesbank
- List of banks in Poland
References
- 100th Anniversary of the Creation of Bank Polski SA National Bank of Poland, 2024^
- Books and Periodicals Received The Sarmatian Review, September 2000^
- Polski Bank Krajowy Projekt Bielsko-Biała, 2018/09/12^