Lipótváros (German: Leopoldstadt, English: Leopold Town) is a traditional neighbourhood in the city centre of Budapest, Hungary. It comprises the northern part of District V (Belváros-Lipótváros), north of the Belváros. Lipótváros was established in the early 19th century, and became the political centre of Hungary in the early 20th century when the Hungarian Parliament was moved to Kossuth Square. Many ministries followed in the later decades. After the 1989 change Lipótváros gradually became again the business centre of Budapest with many banks and office buildings.