The Hungarian National Bank, known as the Magyar Nemzeti Bank, is Hungary's central bank, established on June 24, 1924 as successor to the Austro-Hungarian Bank following the dissolution of the Austro-Hungarian monarchy after the First World War. Headquartered on Liberty Square in Budapest, it participates in the European System of Central Banks, and its core objectives are maintaining price stability and managing the Hungarian forint through control of money circulation, the central bank base rate, official exchange rates, and the country's foreign-exchange and gold reserves; it also holds a controlling stake in the Budapest Stock Exchange.
Facts
Geography
Country or Jurisdiction ServedWikidata Q774636, property P17 (country). Founding Year Headquarters Classification
Institution Subtype Connections
Member Of
Hungarian National Bank is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.
Source Wikipedia
In the Other Atlases
- Also in Geography Atlas: Hungary, located there.
Sources
1. Wikipedia: Hungarian National Bank
Wikimedia FoundationWikipedia lead paragraph, second sentence (founding year)
It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance provided to Hungary by the Economic and Financial Organization of the League of Nations.
Wikipedia Governance section (Liberty Square building location)
Its building is located in Liberty Square, in the Inner City of Budapest, next to the U.S. Embassy building.
Introduction, institution-subtype
The Hungarian National Bank, known as the Magyar Nemzeti Bank, is Hungary's central bank, established on June 24, 1924 as successor to the Austro-Hungarian Bank following the dissolution of the Austro-Hungarian monarchy after the First World War.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Hungarian National Bank
Wikidata Q774636, class allow-list match (w-wdresolver-0926)View the Source Wikipedia
Wikimedia FoundationMember Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure sectionQuote, Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
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