Csaba Kandr News Today

The National Bank of Hungary (MNB) has pointed to a surge in financial scams in 2023, with an increasing share of the damages borne by the clients. Nowadays, fraudsters also steal data using QR codes and even take out loans in victims’ names. Although the MNB says the sharply rising trend has been broken, further action is necessary as Hungary’s international ranking has deteriorated.

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy scheme to support home energy efficiency improvements. 

The National Bank of Hungary (MNB) has signed a cooperation agreement with China's National Financial Regulatory Administration (NFRA) on joint oversight activities, Hungary's central bank and financial market regulator said in a release on its website.

The National Bank of Hungary (MNB) has signed a cooperation agreement with the Astana Financial Services Authority (AFSA), Kazakhstan's financial markets regulator, Hungary's central bank and financial market watchdog said on Friday, according to a report by state news wire MTI.

For the fourth year in a row, the partnership between the Hungarian Banking Association and the wider Hungarian banking community has been solidified through the Bank Blood Donor Week initiative. This year, the Hungarian National Bank (MNB) has added significant further weight to the event by collaborating with the Good Bank program.

The European Banking Authority has elected Dr Csaba Kandrács, Deputy Governor of the Central Bank of Hungary, as a new member of its Board of Supervisors.

As digital fraud cases surge across Hungary, the nation’s CyberShield program, designed to curb online scams, has been given a significant boost. The national Supervisory Authority for Regulatory Affairs (SZTFH) has joined the initiative, fortifying the defenses against cybercrime and enhancing digital security awareness nationwide.

The operating license of the Hungarian subsidiary of Russia's Sberbank was revoked. The bank's clients are set to receive compensation of up to EUR 100,000.