Budapest has risen from 101st to 85th place on the Global Financial Centers Index, which was published on Thursday for the 29th consecutive year by the Z/Yen Group.
New York (764 points) replaced London (743) on the top of the list. In the eastern Europe-central Asia region, Moscow, Vilnius, Bratislava, Budapest and St Petersburg have improved their ranking.
The most prominent financial center in the region is Moscow, at 57th place, followed by Warsaw (61), Vilnius (62), Bratislava (66), Istanbul (74), Prague (76), Nur-Sultan (78) and Budapest (85).