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:

  1.  Supporting the proliferation of competitive financial services,
  2.  Increasing the efficiency and stability of the financial intermediary system,
  3.  Boosting the domestic FinTech ecosystem,
  4.  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: