" The primary objective of the MNB shall be to achieve and maintain price stability. Without prejudice to its primary objective, the MNB shall support the economic policy of the Government using the monetary policy instruments at its disposal. "
 
 
Financial Stability
 
 

Financial Stability

Defining financial stability
 

Financial stability is a state in which the financial system, i.e. the key financial markets and the financial institutional system is resistant to economic shocks and is fit to smoothly fulfil its basic functions: the intermediation of financial funds, management of risks and the arrangement of payments.
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    Publications
     

    The Reports on Financial Stability, Other research studies and the Lending Survey are publications relating to the topic of financial stability. In our publications we aim at providing a picture of the most recent developments relating to the stability of the Hungarian financial system, in a high quality.
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      The role of the Magyar Nemzeti Bank in financial stability
       

      There is general global consensus today that the responsibility for system stability – in addition to the monetary regulation function – defines key objectives and tasks for central banks, regardless whether the organisation exercising money and capital market supervision rights operates within or outside of the central bank organisation...
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        Co-operation
         

        The Magyar Nemzeti Bank cooperates with both domestic and international organisations to ensure that it can effectively carry out its duties set out in the central bank act and establish and maintain the stability of the financial system.
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