Budapest, 28 November 2025 – “Large companies, such as MOL, that perform well and are also successful in foreign markets play a key role in the stability of a country's economy,” according to MNB Governor Mihály Varga, speaking at the jubilee bell ringing ceremony celebrating the 30th anniversary of MOL’s listing on the stock exchange. He noted that the rising performance of the Budapest Stock Exchange was also supported by MOL, which currently has around 30,000 small shareholders and a stock market weight of 20 percent.
Governor Varga highlighted that MOL’s three decades of presence on the stock exchange, and the company’s operations and achievements were clearly visible for all to see. He explained that this, in turn, had a favourable effect on the perception of the economy as a whole, in addition to bolstering confidence in the Hungarian economy on the financial markets. As he had previously noted, household savings – in an adequate amount and structure – played a crucial role in financial system stability and balanced, sustainable economic development. Varga underlined that, as a percentage of GDP, Hungarian households’ savings and current financial assets were higher than in other countries in the region. The net financial assets of Hungarian households as a percentage of GDP had increased from 82 percent in the early 2010s to the current level of 114 percent. According to the MNB Governor, the Hungarian stock market thus continued to grow more and more important in terms of the opportunities it offered for household savings.
Magyar Nemzeti Bank