Hungary: FinTech Strategy published by the Hungarian National Bank
Dec 05, 2019

Hungary: FinTech Strategy published by the Hungarian National Bank
The Hungarian National Bank (“MNB”) published its FinTech strategy at the end of October 2019. The strategy focuses on 3 + 1 priority areas:
- Supporting the proliferation of competitive financial services,
- Increasing the efficiency and stability of the financial intermediary system,
- Boosting the domestic FinTech ecosystem,
- Improving the overall financial literacy and supporting education of digital competence.
In order to reach these goals, the MNB created a roadmap of 24 initiatives and proposals that include 14 initiatives within the MNB and ten proposals for government and the FinTech community.
The strategy is also available in English: https://www.mnb.hu/letoltes/mnb-fintech-strategy-eng-cov.pdf