The Magyar Nemzeti Bank (MNB) hosted the fourth seminar of its 2025 Technical Cooperation Programme in Budapest between 24–27 November 2025, under the title “Financial Stability and Macroprudential Policymaking.” The event focused on presenting the MNB’s macroprudential framework, financial stability practices, and analytical and supervisory methodologies that support policy decision-making. The programme brought together 22 experts from 16 countries.
At the opening of the event, Gábor Szőcs, Executive Director for International Relations of the MNB, highlighted the importance of continuously monitoring systemic risks and strengthening international cooperation in an increasingly complex financial environment.
During the four-day course, participants gained insight into the MNB’s macroprudential governance and decision-making processes, including the assessment of cyclical risks, the use of borrower-based and real estate-related instruments, liquidity and funding requirements, as well as capital adequacy regulations. The seminar also introduced the MNB’s stress testing framework and its newest decision-supporting methodologies, such as agent-based modelling. Participants were also provided with an overview of the MNB’s practices in data collection and analytical data use, which play a key role in supporting financial stability decision-making. The programme welcomed guest contributions from the Joint Vienna Institute (JVI) and experts from the National Bank of Slovakia, who shared their insight on macroprudential policy.
Launched in 2023, the MNB’s Technical Cooperation Programme continues to serve as an essential platform for central bank knowledge sharing and international cooperation. The Programme aims to promote dialogue and the exchange of best practices among central banks in support of safeguarding financial stability.