Who are we?

The Hungarian Banking Association is the professional advocacy association of the Hungarian banking sector, coordinating and representing the views of the banking community. The Association establishes committees and working groups involving professionals from member banks to develop common positions.

The Association's activities include

  • representing the banking sector's interests,
  • technical consultationsk
  • participating in the drafting of legislation
  • cooperating with fellow professional associations and NGOs
  • operating technical committees and working groups
  • operating an Ethics Committee
  • coordination and technical consultations during the drafting of government decisions
  • participating in the decision-making processes of the European Banking Federation (EBF)
  • implementing the EBF's positions
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Information

The Banking Association held its annual General Meeting, where, in addition to the participation of the leaders of financial institutions and Mihály Varga, Minister for National Economy, the deputy governors, Mr Marton Nagy, Mr Ferenc Gerhardt and Mr Laszlo Windisch of the Central Bank of Hungary were also present.

 

During the General Meeting, the leaders of the Hungarian Banking Association’s member institutions agreed to issue the resolution below:

 

Changes in the global economy and financial markets have highlighted the fact that restoring trust in the financial system is a task of key importance.…

Today, the Hungarian Banking Association was shocked to hear about the adverse decision of the Hungarian Competition Authority’s proceeding body.

The BankAdat service comprised the portfolio-level data of individual banks, which was communicated often and to a broad audience. This service rendered possible that the qualification of individual banks (as required by law), planning economic growth, exploring market gaps and developing new products be realized effectively.…

This year is the fourth in which the Golden Beehive lifetime achievement awards have been awarded. The Hungarian Banking Association’s Board decided to award 2 bankers with the Golden Beehive Certificate of Recognition in 2015 – taking into account current events  –  for their outstandingly effective professional work in banking and finances over the course of their lives.…

Less than a year remains for those member states of the European Union which do not belong to the Eurozone – among them Hungary – to prepare to meet SEPA[1] End Date regulation[2] requirements. From November 1st of next year, salaries paid in Euros will have to be paid according to these common standards. The changes will affect not just payment service providers, but clients as well, therefore, preparations are already worth starting.…