According to MTI, Levente Kovács said the association’s representatives had met on a number of occasions with the heads of the National Economy Ministry and the National Bank of Hungary.
The sides agreed that Hungary’s financial system is strong, banks’ capital position is stable and the system has ample liquidity, he added.
On the basis of the government and the central bank’s request, the association asked its members to review some of their banking fees, on a voluntary basis, and offer clients preferences, Kovács said.
Banks have since announced freezes and preferences affecting retail accounts and bank cards, he added.
Banks that have already rolled out inflation-linked fee increases will counter those with rebates, in the billions of forints, while lenders have pledged to keep fees unchanged until June 30, 2026, he said.
Lenders also agreed to waive fees for no-frill retail accounts until headline inflation drops under 4% — the upper threshold of the central bank’s tolerance band — for three months in a row, he added.
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