The equestrian monument to St. Stephen, the first founding king of the Hungarian state and the national hero of the country, is located next to the Fisherman's Bastion. The monument, after 10 years of painstaking work, was made by the sculptor Alaios Strobl in 1906, for the 1000th anniversary of Hungary. Stephen (Stefan) I was crowned on August 20, 1000 and successfully ruled until 1038, he ruled fairly and wisely, laying the foundations of an independent Christian Hungarian state of the European model. This is reminiscent of a cross in the hands of a horseman, bas-reliefs with scenes from the life of St. Stephen are carved on the pedestal, and figures of four lions are located on the sides of the monument. On one of the bas-reliefs, the image of a sculptor showing the king a model of the temple is recognizable.

For the spread of Christian teaching in the local lands, Stephen I after his death was canonized by the Catholic Church in the person of Pope George and recognized as the patron saint of Hungary. August 20 - St. Stephen's Day - since 1991 is the main public holiday of the country.