01800cas a2200241 a 4500 AALejournalIMF003649 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818000 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Hungary : Financial System Stability Assessment Update, including a Report on the Observance of Standards and Codes on Insurance Regulation. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (46 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents an update to Hungary's Financial System Stability Assessment, including a Report on the Observance of Standards and Codes on Insurance Regulation. The assessment reveals that financial intermediation in Hungary has continued to deepen. The expansion of bank lending at higher interest margins has resulted in a sharp increase in bank profitability. Although financial soundness indicators show that the banking system has evolved well overall, potential risks have emerged, which should be carefully monitored and appropriately addressed. Nonbank financial institutions remain relatively small and are not currently a source of systemic vulnerability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/212 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/212/002.2005.issue-212-en.xml IMF e-Library