Several specialized financial institutions were established with direct or indirect help from the Polish government, international organizations, and foreign experts to facilitate economic restructuring. They include the Agency for Industrial Development, the Polish Development Bank, the Export Finance Insurance Corporation, the Enterprise Consulting Foundation, the Employment Fund, and a growing number of consulting firms. These institutions are expected to provide credit guarantees, help to establish new businesses, purchase a certain quantity of shares of the companies being converted to private enterprise, and facilitate leasing, financial restructuring, and bankruptcy processes. Some of the new institutions received designated funds from international financial organizations. The European Bank for Reconstruction and Development (EBRD--see Glossary) established a Joint Investment Fund in cooperation with the Polish Development Bank.

Data as of October 1992

NOTE: The information regarding Poland on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Poland New Financial Institutions information contained here. All suggestions for corrections of any errors about Poland New Financial Institutions should be addressed to the Library of Congress and the CIA.