Adam Glapiński

“509.3 tonnes of gold, a figure that edges past the 506.5 tonnes held by the European Central Bank (ECB)”

“Gold now accounts for 22% of the NBP's total reserve assets, above the bank's own 20% target”

“At current market prices, the holding is valued at roughly €44.3 billion”

“by the end of 2024 the portfolio showed an unrealised gain of 60 billion zloty (€14.12 billion) over its purchase cost”

“Roughly 20% is currently stored in Poland, with the remainder split between the Federal Reserve Bank of New York and the Bank of England in London”

“Over several months in 2019, the NBP transported 100 tonnes, 8,000 bars, from the Bank of England's vaults in London to Poland on eight chartered flights”

“In 1996, the NBP held just 14 tonnes of gold. By the time Glapiński took office in 2016, the stockpile had risen to 102 tonnes”

“the most dramatic increase came after February 2022: in the two years following Russia's full-scale invasion of Ukraine, the bank more than doubled its holdings from 228 tonnes to 480 tonnes”

“walls stacked with 8,000 bars, each weighing 12.5 kilograms”