Combining traditional central banking roles with forward-looking financial innovation.

The Magyar Nemzeti Bank (MNB), the central bank of Hungary, is committed to achieving and maintaining price stability in Hungary, while safeguarding financial stability, strengthening the resilience of the financial system and supporting sustainable economic growth.

Alongside its traditional central banking responsibilities, the MNB actively promotes financial innovation and digital transformation. Through its Innovation Hub, the MNB empowers FinTech pioneers and financial institutions to navigate the regulatory landscape and bring transformative new services to the local market. The Hub provides assistance in turning regulatory complexities into competitive advantage serving as a strategic partner in bringing groundbreaking FinTech innovations to the Hungarian market.

Sustainability is another key priority. The MNB’s Green Preferential Capital Requirement Programme rewards credit institutions financing environmentally sustainable assets. Now marking five years of operation, this globally unique initiative has evolved from a pilot into an extended prudential framework.

The MNB is also shaping the future of payments. Hungary’s Instant Payment System enables 24/7/365 transfers within seconds, complemented by advanced fraud-prevention capabilities. The Payments 2030 Strategy provides a long-term roadmap for further expanding electronic payments and developing a modern, efficient and secure payment ecosystem.