Magyar Nemzeti Bank

Magyar Nemzeti Bank (MNB) is the central bank of Hungary and integrated financial market supervisor, housed in its landmark neoclassical building at Szabadság tér 8-9, District V (Belváros-Lipótváros), overlooking Liberty Square near the US Embassy. Founded in 1924, the MNB employs approximately 750 staff and oversees monetary policy, bank licensing, insurance supervision, capital market regulation, and consumer protection. Legal professionals at MNB work on regulatory enforcement, legislative drafting, financial stability policy, and EU harmonisation.