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Hungary :, Financial System Stability Assessment Update, including a Report on the Observance of Standards and Codes on Insurance Regulation

Abstract
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
Table Of Contents
""Contents""; ""GLOSSARY""; ""Executive Summary""; ""Background""; ""Sources of Potential Risk to Financial Stability""; ""Strengths and Vulnerabilities: Institutions and Markets""; ""Strengths and Vulnerabilities: The Financial Stability Policy Framework""; ""Annex: Summary Assessments and Factual Updates of Observance of Selected Financial Sector Standards and Codes""; ""Appendix I: Status of the Main Recommendations of the 2000 FSAP""; ""Appendix II: Stress Tests: Overview of the Shocks and Results""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (46 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452711119

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