Matolcsy takes charge of financial stability from MNB dep gov

Sights

National Bank of Hungary Governor György Matolcsy will take over responsibility for financial stability at the central bank, modifications to the MNB’s operating rules published in the official gazette Magyar Közlöny on Friday show, according to state wire service MTI.

Matolcsy assumes the duty from Deputy Governor Márton Nagy, who will remain responsible for monetary policy and lending incentives.

The duties of the central bankʼs other two deputy governors remain unchanged. One is responsible for financial oversight and consumer protection, and the other for statistics, cash logistics and financial infrastructure. The former is László Windisch and the latter Ferenc Gerhardt.

Number of Thefts in Capital Edges Higher in 2023 Figures

Number of Thefts in Capital Edges Higher in 2023

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C... Government

Magyar Drops Audio Suggesting Gov't Meddling in Corruption C...

Spring Weather Raising Interest in Leisure Products Retail

Spring Weather Raising Interest in Leisure Products

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.