Bank Gospodarstwa Krajowego (BGK) is Poland’s national development bank, wholly owned by the State Treasury and headquartered in Warsaw. Established in 1924, it operates as a policy-driven financial institution that supports the country’s socio-economic development. BGK finances and co-finances strategic investments, administers selected government and EU-backed programs and funds, and provides guarantees and sureties to reduce project risk and improve access to capital.
BGK plays a significant role in financing large-scale infrastructure, energy, housing, and industrial projects, including initiatives tied to the energy transition and modernization of Poland’s economy. Its toolkit includes long-term loans, project and structured finance, guarantees, bond programs, and blended finance in cooperation with domestic and international financial institutions. For the chemical value chain, BGK’s activities are relevant to funding capital expenditures, modernization, and export-support mechanisms for petrochemical, fertilizer, and related process industries, as well as enabling investments in utilities, logistics, and renewable power that underpin industrial operations.
Funds from the National Recovery Plan will support offshore wind projects, enhancing Poland's energy security and economic growth, with Baltic Power and Baltic East as key initiatives.
