In 2021, BGK developed bilateral and multilateral relations with development banks and institutions from other countries. In connection with the COVID-19 pandemic, international communication was generally carried out using remote means, while the organisation of most events, including official visits of BGK’s foreign partners, working and study meetings, as well as conferences and training sessions, was reduced or postponed until 2022.
Despite the difficulties resulting from epidemic restrictions, members of the BGK Management Board completed 17 foreign missions in 2021. They held numerous meetings at governmental level and with representatives of partner institutions, most of them in the Three Seas Initiative countries. Talks were related to the countries’ involvement in the development and operationalisation of the Three Seas Initiative Investment Fund (3SIIF). The Management Board members also attended many conferences, including an online conference “Why Poland now? Attractive destination for energy and infrastructure projects!” organised by the Polish Investment and Trade Agency and the Embassy of the Republic of Poland in Tokyo, in cooperation with Keidanren, JETRO and Shokokai, the “Invest in Three Seas” event in Tallinn, and the Bled Strategic Forum, where BGK was a partner.
On 23–24 November 2021, BGK organised a study visit for development banks and institutions from Central and Eastern Europe. It was attended by the representatives of the Bulgarian Development Bank, Eximbank Romania, Eximbank Hungary, Fuchs Asset Management, HBOR, NRB and VIPA. The purpose of the visit at BGK was the presentation of selected aspects of BGK’s activities, including treasury operations and debt financing, internal audit and matters related to sustainable finance.
In 2021, BGK’s delegation participated in the Poland-Qatar Economic Roundtable in Qatar and the Polish-Arab Economic Forum on EXPO Dubai, where representatives of the Bank presented its financial solutions and its activities on capital markets. BGK was an official partner of the event organised by the Polish Investment and Trade Agency. The Forum was held to promote Polish products and services in Middle Eastern markets.
Despite restrictions related to the COVID-19 pandemic, BGK took steps to establish or strengthen existing cooperation, including through experience and knowledge sharing, with KfW IPEX-Bank, Japan Bank for International Cooperation (JBIC) and Nordic Investment Bank (NIB). In cooperation with the Italian development bank Cassa Depositi e Prestiti (CDP), as part of an inter-institutional programme for exchange of experience, employees of both organisations shared their expertise and best practices in the area of international cooperation, HR, implemented projects and financial regulations. In October 2021, delegations of the Development Bank of Kazakhstan, DAMU Entrepreneurship Development Fund JSC and Baiterek National Managing Holding JSC were received at the registered office of BGK. The meeting participants discussed the possibility of developing cooperation between the institutions.
In 2021, BGK intensified cooperation with the EBI and top five development banks in Europe (CDC, CDP, ICO and KfW – the Big 5+1 Group) as part of JICE (Joint Initiative on Circular Economy), whose goal is to accelerate the transition to sustainable closed circuit economy by launching innovative and environmentally friendly projects worth at least EUR 10 billion in 2019–2023. A measurable achievement of BGK under JICE was a webinar entitled “Circular Economy in the Building Sector” organised on 20 October 2021 in cooperation with KfW and the EIB, which touched on various aspects of closed circuit economy in the construction sector. The event gathers several hundred participants from different parts of Europe, focusing on the idea of closed circuit economy.
Moreover, a meeting of CEOs of the Big 5+1 group member banks was held in September 2021 in Rome, organised by CDP, and a meeting of CEOs of banks of the European Long-Term Investors Association (ELTI). The most recent event in Rome was the conference “Financing Infrastructure For The Recovery: The Role of Public-Private Cooperation to Ensure a Long-Term Sustainable Growth.”
In the area of development and operationalisation of 3SIIF and cooperation with foreign financial institutions, the Management Board of BGK in 2021 also conducted an active dialogue with representatives of Polish and foreign diplomatic establishments and government administration.