Mennica Skarbowa has joined LBMA – the independent precious metals authority that advances standards for the common good of the global industry – as an Affiliate Member. Affiliate Membership of LBMA will allow Mennica Skarbowa to have a seat at the table to shape the future of the market, be part of transparency initiatives, and demonstrate best practice.
LBMA is an international institution dedicated to maintaining the integrity and transparency of the precious metals market. It promotes best practices in the production of investment gold and silver, including purity, origin and weight, and also works with regulators and market participants to ensure the fair and efficient operation of the precious metals sector.
– Obtaining Affiliate Membership of LBMA is a great honor for us. As the first Polish distributor of investment gold and silver to join LBMA, Affiliate Membership will strengthen our position in the international market, and also strengthen the trust of our customers and business partners in our commitment to providing the highest quality investment solutions – says Jarosław Żołędowski, President of the Management Board of Mennica Skarbowa.
LBMA is an international organization, established in 1987. LBMA has Members from 25 countries around the world, including financial institutions and mining, refining, trading, treasury and manufacturing companies. LBMA ensures the highest levels of leadership, integrity and transparency for the global precious metals industry by advancing standards and developing market solutions.