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Examination of the Sustainability Disclosure Practices at Banks Operating in Hungary

Financial and Economic Review | 2026

Paper Details

Authors: Bodó R.; Lippai-Makra E.

DOI: 10.33893/FER.25.1.53

Journal: Financial and Economic Review

Year: 2026

Publisher: Magyar Nemzeti Bank

Document Type: Article

Open Access: All Open Access; Gold Open Access; Green Open Access

Cited by: 0

Abstract

The EU’s directive on corporate sustainability reporting, which entered into force in 2022, brought changes to corporate disclosure practices. This study presents the potential effects of the new regulation on banks’ disclosures. In the course of the research, the disclosure practices of obliged banks operating in Hungary were examined using content analysis. The results indicate that, as a consequence of the regulation, overall disclosure intensity decreased; however, this decline is driven more by formal than substantive changes. Reports place greater emphasis on descriptive content, while numerical and graphical disclosures have receded into the background. It can also be established that the sustainability reports of the examined banks have become more similar both in content and in form, confirming the unifying objective of the regulation. © 2026, Magyar Nemzeti Bank. All rights reserved.

Keywords

bank; content analysis; CSRD; NFRD; sustainability