In remarks at the Built Environment European Summit 2025, the National Bank of Hungary (MNB) set out a stability-first policy stance and positioned real estate sector resilience as a key channel for supporting competitiveness and sustainable economic development. Deputy Governor Zoltán Kurali said the MNB will introduce additional measures from January 2026 to help prevent real estate market risks and increase the resilience of the banking system. Kurali highlighted housing affordability pressures across Europe and structural shifts in commercial real estate driven by remote work, digitalisation and sustainability goals. He pointed to the Hungarian banking system’s stable capital and liquidity position as enabling banks to responsibly support infrastructure, real estate and urban development investment, and referenced the MNB’s green preferential capital requirement programme as an existing initiative encouraging energy-efficient investments in corporate, municipal and residential financing.

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