Who are we?

BankszövetségThe 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 consultations
  • 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
Who should I turn to if I have other questions about banks?

Information

Several accompanying programs and events related to PÉNZ7 were highlighted as exemplary initiatives in the recently published annual report of Global Money Week.

The Global Money Week campaign, implemented in more than 130 countries worldwide, is coordinated by the International Network on Financial Education (IFNE) of the Organisation for Economic Co-operation and Development (OECD). In Hungary, the series of events is held under the title “PÉNZ7 – Financial and Entrepreneurial Theme Week”, with the aim of raising young people’s awareness of financial literacy.

In its newly released annual report, the OECD IFNE identified two PÉNZ7-related accompanying events as best practices. As noted in the report:

“In Hungary, the Hungarian Banking Association organized the Digital Detective Challenge, an online quiz competition that attracted more than 29,000 participants from all ag...

The JÓTETT Bank – Green Heart Program has reached another milestone in the sustainability commitment of Hungary’s banking sector. With the support of the Hungarian banking industry, 50,000 tree saplings will be planted during 2025–2026, resulting in the creation of 5 hectares of new forest. This initiative will significantly contribute to increasing Hungary’s forest cover and to protecting the natural environment for future generations.

For years, the JÓTETT Bank – Green Heart Program has been the flagship initiative of the Hungarian banking sector’s joint professional and community engagement, aiming to contribute to environmental protection through concrete and measurable results. The current tree-planting project will be implemented in the Szakály and Miszla regions, on land managed by Gyulaj Forestry and Game Management Plc., through the collaboration of banking sector stakeholders, highlighting financial institu...

At its joint press conference with KiberPajzs, Visa presented the results of its latest research. The findings show, among other things, that ‘digital illiteracy’ directly increases vulnerability: those who believe AI-generated fake content on social media to be genuine become three times more susceptible to fraud.

In this context, Visa conducted a survey across eleven European countries, involving 9,500 adults, examining among other things how AI-generated content on social media platforms affects users. The findings show that everyday online habits create new points of vulnerability that fraudsters are quick to exploit. Nearly a quarter of Hungarians (24%) have shared a post without checking its authenticity. Almost one-third (31%) say they rarely read beyond the headline on social media or news sites before forming an opinion, and nearly 8% of social media users admitted that they take no steps at all...

Digital awareness is of key importance for small and medium-sized enterprises. As technological development accelerates, cyber threats have also become increasingly complex, making it essential for businesses to stay up to date with security trends and respond proactively to emerging risks. By joining the KiberPajzs program, IVSZ aims to help Hungarian enterprises strengthen their defenses against business fraud.
Digital fraud (business fraud) is occurring with increasing frequency in the corporate environment, causing not only financial losses but also reputational damage to companies. In response to this trend, IVSZ – the Alliance for Digital Enterprises – is joining the KiberPajzs initiative as a professional partner to help strengthen the cybersecurity preparedness of Hungarian businesses. The program aims to ensure that, alongside technological developments, mindset-shaping, education and cooperation also receive strong emphasis.
The cooperation betwee...

As part of the 12th MoneyWeek (PÉNZ7) programme for the 2025/2026 academic year, five organizations have signed a co-operation agreement to further develop the financial and entrepreneurial skills of students. In the previous academic year, 212 000 students from 1 413 schools took part in the theme week. The registration of schools has also begun.

 

A five-party agreement on the implementation of the MoneyWeek programme in 2026 was signed in the Money Museum by the Ministry of the Interior as the project owner, the Ministry of National Economy, the Hungarian Banking Association, the Money Compass (Pénziránytű) Foundation, and the Junior Achievement Hungary Foundation as co-operating professional partners.

 

The 12th Money Week event, advancing...

The Hungarian Banking Association is baffled by the planned increase in the so-called extra profit (windfall) tax, as the consequences of the severe overtaxation of the financial intermediary system to date are clearly reflected in Hungary's unfavourable economic indicators.

When the so-called extra profit tax was introduced in 2022, originally planned for two years, the Hungarian Banking Association already indicated that the measure would not only undermine the profitability of banks, but also significantly worsen the situation and prospects of the entire Hungarian economy. Since the measure was introduced, the benchmark interest rate has fallen from 18% to 6.5%, which means that the extra tax is no longer justified and should be abolished rather than increased. Domestic banks have repeatedly stated that the extra burden imposed on top of hundreds of billions of forints in traditional taxes deeply...