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flag Hungary merges Polgári Bank into MagNet Bank by Feb. 28, expanding mobile banking access.

flag In January 2026, Hungary announced a bank merger, with Polgári Bank absorbing into MagNet Bank by February 28, bringing mobile banking to former customers. flag Meanwhile, Hungarian retail sales rose 2.5% year-on-year in November, driven by non-food and online sales, while fuel prices remained below regional averages. flag Electric vehicle sales hit a record 11,002 in 2025, accounting for nearly 10% of December’s car sales, and used car imports surged 15.5%. flag The telecom sector faced a HUF 352 million fine for misleading customers on tariff changes.

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