of the State Treasury was Stanisław Nowak, and on behalf of the Ministry of Agriculture and Agricultural Reforms Leonard Krawulski38. The fate PBR during WWII was different, depending on the location of its branches. In the areas annexed to the Reich, all of its assets, just like in the case of BGK and Bank Polski (BP), were confiscated and handed over for management to Haupttreuhandstelle Ost in Berlin. Also other Polish credit institutions were slated for liquidation. The liquida- tion of PBR s branches applied to both the bank s assets and liabilities. In the first place receivers satisfied the liabilities of the liquidated bank and transferred the remaining funds to Berlin, leaving them at the disposal of the Reich s Ministry of Finance. The situ- ation of PBR s branches in the General Governship (GG) was different. Soon after the war activities of 1939 stopped, both the PBR head office and individual branches located in the GG resumed operations. When in mid-October 1939 most of the bank s personnel returned to work, it was a sign for clients that PBR continues to be a Polish bank with its pre-war character. Exclusion of PBR from the banking management and its subordination to the department of food and agriculture in the GG government in December 1939 provided a guarantee that the bank will not be liquidated in the future. This development was surely attribut- able to the efforts of the bank s Polish management which emphasized the state nature of PBR and its close connections with agriculture. Its liquidation would bring negative consequences for the economic development of the GG. However, it is doubtful whether it was only these arguments that influenced the decision of the occupation authorities. Leaving PBR and its Polish personnel in place was also expected to ensure quick and efficient liquidation of the bank s pre-war assets with a he considerable value of over 1.5 billion zloty. As a result of wartime activities most of the files were lost or destroyed. Their recreation and determination of the debt of individual clients could be done only by the bank s pre-war employees.

38. AAN, PBR, ref. no. 1003, Memo Governing bodies of Państwowy Bank Rolny in 1939 and during Nazi occupation , p. 1-4.

PRZEKAZANIE WOJSKU SAMOLOTU ŁOŚ , UFUNDOWANEGO

PRZEZ PRACOWNIKÓW: POCZTOWEJ KASY OSZCZĘDNOŚCI,

BANKU POLSKIEGO, BANKU GOSPODARSTWA KRA JOWEGO ORAZ

PAŃSTWOWEGO BANKU ROLNEGO. BANKOWCY NA DZIEDZIŃCU

BELWEDERU. OD LEWEJ: MARSZAŁEK EDWARD RYDZ-ŚMIGŁY,

PREZES ROMAN GÓRECKI, PREZES HENRYK GRUBER

OFFICIAL HANDOVER TO THE POLISH ARMY OF A LOŚ ( MOOSE )

BOMBER AIRCRAFT FINANCED BY THE EMPLOYEES OF THE POSTAL

SAVINGS BANK, THE BANK OF POLAND, THE NATIONAL ECONOMY

BANK AND BANK ROLNY. FROM LEFT TO RIGHT: MARSHAL

EDWARD RYDZ-ŚMIGŁY, BRIGADIER-GENERAL ROMAN GÓRECKI,

AND HENRYK GRUBER, PRESIDENT OF THE POSTAL SAVINGS BANK

108 T H E H I S T O R Y O F B G Z