Article in the Külgazdaság periodical (External Economic Bulletin)
A new study by colleagues from Department of Finance at BME GTK was published in the Külgazdaság External Economic Bulletin, Volume 70, Issue 2026/5-6.
The title is: Green Finance and Banking Regulation in the Visegrad Group of Four. Risk-Based or Driven by Banking Policy? by Dr. András Bethlendi, Head of the Finance Department and Dr. Katalin Mérő.
Here is the brief summary:
“This article analyses whether, within the European Union’s unified regulatory framework, the system of green banking regulation in the Visegrad countries (namely the Czech Republic, Poland, Hungary, and Slovakia) is shaped by risk-based, prudential considerations or rather by different policy considerations. Using a policy design analytical framework, this study presents a comparative analysis of the green banking regulations of the European Central Bank (ECB) and the four Visegrad countries (including the micro- and macroprudential, as well as the supervisory toolkits), demonstrating that despite a common EU starting point, there are numerous differences in regulation stemming from each country’s banking policy. While Slovak regulations follow the ECB’s Single Supervisory Mechanism, those in the Czech Republic are characterised by a minimalist implementation of EU rules, those in Poland by the prominent role of development banks, and those in Hungary by the exceptionally active role of the National Bank of Hungary (MNB). This implies that green banking regulation is shaped much more by banking policies than by prudential considerations, which typically take the form of uniform solutions.”
The study is available in Hungarian only (download in HU).
BME Faculty of Economic and Social Sciences (BME GTK) proudly congratulate our colleagues.
