01784cas a2200241 a 4500 AALejournalIMF004559 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832211 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics; Banking Supervision, Securities Regulation, and Insurance Regulation. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (54 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 Portugal's financial system is sound, well-managed and competitive, with shorter-term risks and vulnerabilities well contained, and with the system buttressed by a strong financial policy framework. Portuguese banks' profitability, asset quality, and solvency have held up well in recent years, despite a difficult operating environment. Nevertheless, household debt levels are well above the EU average, and corporate debt levels are also high, although bank credit to firms has been growing moderately in recent years. The government should continue to carefully monitor the key risk areas. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/378 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/378/002.2006.issue-378-en.xml IMF e-Library