National Bank of Poland interest rates in April 2026 

13 April 2026

On April 8-9, 2026, the Monetary Policy Council held a meeting during which it decided to keep the National Bank of Poland (NBP) interest rates unchanged.
  
Current National Bank of Poland interest rates:

reference rate at 3.75% on an annual basis;
lombard rate at 4.25% on an annual basis;
deposit rate at 3.25% on an annual basis;
rediscount rate at 3.80% on an annual basis;
discount rate on bills of exchange at 3.85% on an annual basis.

In the post-meeting release, the Monetary Policy Council notes:
“In Poland, in February 2026 retail sales and industrial output increased in annual terms, while construction and assembly production markedly declined again. Annual wage growth in the enterprise sector in February 2026 stayed unchanged compared to the previous month. This was accompanied by a further fall in employment in this sector.

According to the Statistics Poland flash estimate, in March 2026 CPI inflation increased to 3.0% (against 2.1% in February), mainly due to strong surge in fuel prices resulting from the conflict in the Middle East.

Against this background, the Council decided to keep the NBP interest rates unchanged. ” 

Source:
Press release from the meeting of the Monetary Policy Council

If you have any further questions or require additional information, please contact your business relationship person or use the enquiry form on the HLB Poland website.

***

This publication is non-binding information and serves for general information purposes. The information provided does not constitute legal, tax or management advice and does not replace individual advice. Despite careful processing, all information in this publication is provided without any guarantee for the accuracy, up-to-date nature or completeness of the information. The information in this publication is not suitable as the sole basis for action and cannot replace actual advice in individual cases. The liability of the authors or getsix® are excluded. We kindly ask you to contact us directly for a binding consultation if required. The content of this publication iis the intellectual property of getsix® or its partner companies and is protected by copyright. Users of this information may download, print and copy the contents of the publication exclusively for their own purposes.