The Magyar Nemzeti Bank (MNB), established in 1924, is a member of the European System of Central Banks. The MNB performs all key central bank functions including conducting monetary policy, promoting financial stability, holding and managing official reserves, developing and monitoring the payment and settlement systems, and is also responsible for the prudential supervision of the financial system, as well as for consumer protection and market conduct. Besides MNB is the first European central bank to obtain a green mandate.
Despite the growing number of factors that have fundamental role in determining our future, such as cutting-edge technologies and sustainability, MNB should be able to realize that all these factors are related to technological revolution, digital transformation and the promotion of environmental sustainability.
Recognizing the importance of such changes and the magnitude of their impact on the economy, the MNB decided to increase its presence in the international FinTech ecosystem and accelerate the economic thinking on a digital and sustainable future.
