Green Financial Products in the European Banks' Portfolios – with a Hungarian Perspective

Civic Review· VOL 17. Special Issue, 2021, 141–152., DOI: 10.24307/psz.2021.0010

Prof. Dr. Anita Boros, Professor, Széchenyi István University, Győr, Advisor to the CEO, MKB Bank (boros. This email address is being protected from spambots. You need JavaScript enabled to view it.); Barbara Eszter Huszár, PhD student, Széchenyi István University, Győr, Secretary General in Sustainability, MKB Bank (This email address is being protected from spambots. You need JavaScript enabled to view it.).

Summary

Recently, the financial sector has also become increasingly sustainability-oriented. National central banks and national credit institutions are trying to follow the ever-expanding international regulatory framework and to develop new financial instruments to implement ESG requirements. Our research looked at the green finance portfolios of the ten major European banks by the total assets in 2021 to assess the market for green financial products. We have also examined the green instruments of the ten major domestic banks by balance sheet total, with the hypothesis that the green product market for domestic banks can learn a number of lessons from the green product portfolios of the major European banks.

Journal of Economic Literature (JEL) codes: F64, F65, G11, G15, G2, G3, K20, K32, O16
Keywords: sustainable finance, green finance, green investment, green bond, green credit