282353
/en/bank-og-finansmarked/statistikker/banker/maanedsbalanse
282353
statistikk
2017-10-03T08:00:00.000Z
Banking and financial markets
en
banker, Banks and mortgage companies, finance companies, state lending institutions, loans, deposits, financing, mortgages, bonds, commercial papers, shares, ownership interest, assets, liabilities, foreign banks, borrowersFinancial institutions and other financial corporations, Banking and financial markets
true

Banks and mortgage companies

Updated

Next update

Key figures

9.7 %

twelve-month change in stocks in Home savings scheme for young people, August 2017

Balance sheet. Selected figures. NOK million and per cent
August 2016August 2017Percentage change
Banks
Mortgages to households1 134 5581 199 0045.7
Loans to manufacturing industry67 93966 137-2.7
Home savings scheme for young people43 33947 5509.7
Mortgage companies
Mortgages to households1 249 9661 347 9357.8
Loans to manufacturing industry9281 0108.8
Finance companies
Loans to manufacturing industry6 7185 944-11.5
State lending institutions
Mortgages to households60 88858 824-3.4
Loans to manufacturing industry1 7791 8624.7

See more tables on this subject

Table 1 
Deposits by sector and type of deposit. NOK million

Deposits by sector and type of deposit. NOK million
May 2017June 2017July 2017August 2017
Total deposits3 539 4173 540 1543 594 7753 522 644
Non-financial corporations703 743717 843729 682726 249
Financial corporations205 093183 623216 656198 954
General government151 797173 018155 241139 295
Non-profit institutions serving households68 32570 25070 19370 085
Households1 146 3491 207 1211 195 5231 193 125
¬ Employees1 098 3941 157 5181 146 7331 143 527
Rest of the world1 263 9711 188 1781 227 3691 194 816
Changes in exchange rates, prices and value140120111120
 
Transaction deposits2 280 7582 348 3952 326 7932 305 814
Non-financial corporations587 799592 360606 385593 033
Financial corporations134 105138 093143 760134 058
General government129 511148 534131 800109 866
Non-profit institutions serving households53 16754 11154 50253 833
Households986 4391 047 1501 034 4371 030 978
¬ Employees942 5531 001 777989 722985 556
Rest of the world389 737368 147355 909384 046
 
Deposits with agreed maturity up to one month473 751391 075458 347413 240
Non-financial corporations8 0769 7689 73812 057
Financial corporations22 3725 80025 64211 382
General government5 1595 3085 2615 183
Non-profit institutions serving households1 6311 6201 6891 582
Households20 93321 11021 30421 419
¬ Employees20 28420 45920 65120 744
Rest of the world415 580347 469394 713361 617
 
Tax deduction accounts25 55435 24725 59845 832
Non-financial corporations14 73222 06614 61826 282
Financial corporations1 7522 7101 7683 100
General government7 5978 6877 87514 332
Non-profit institutions serving households9391 1889241 575
Households368512345440
¬ Employees69918198
Rest of the world1658567104
 
Deposits related to pension schemes975978981997
Non-financial corporations24242424
Financial corporations5555
General government........
Non-profit institutions serving households0000
Households940943946961
¬ Employees874877879893
Rest of the world6666
 
Deposits with yield based on stock exchange yield434447425398
Non-financial corporations349366340292
Financial corporations451521
General government27527
Non-profit institutions serving households25221915
Households52454541
¬ Employees51444540
Rest of the world2221
 
Home savings scheme for young people47 76947 87347 87247 878
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households47 43347 53847 54447 550
¬ Employees47 07847 18347 18647 189
Rest of the world336335329329
 
Deposits on other terms710 036716 018734 647708 366
Non-financial corporations92 76393 25898 57994 560
Financial corporations46 85637 01145 46650 390
General government9 52810 48210 3009 887
Non-profit institutions serving households12 56113 30813 05713 081
Households90 18489 82490 90191 736
¬ Employees87 48587 08888 17089 007
Rest of the world458 144472 134476 344448 713

Table 2 
Deposits by industry. NOK million

Deposits by industry. NOK million
May 2017June 2017July 2017August 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries819 933837 584848 575845 834
 
Agriculture16 28517 44017 13717 505
Forestry1 7541 8211 8201 813
Fishing and hunting9 62610 0619 5909 787
Fish farming services15 70114 77414 93314 210
Mining and quarrying16 2236 8978 2316 646
Services linked to extraction of crude petroleum and natural gas14 1594 2733 8414 013
Extraction of crude petroleum and natural gas38 69643 57847 12445 634
Manufacturing industry49 44050 01950 96950 876
Ship and boat building5 2936 0235 6124 648
Electricity and water supply30 19829 57034 21635 798
Water supply, drainage and waste disposal3 9383 8923 8364 233
Real estate development17 60017 31817 15316 988
Building and construction work beyond real estate development40 15840 57839 81839 960
Commodity trade etc66 46766 68870 26770 656
Sea transport abroad and transport via pipelines127 17925 74424 09423 182
Transportation and storage152 45151 76851 03653 564
Hotels and restaurants6 8077 5828 1678 595
Information and communication34 04235 68236 86636 719
Real estate, renting and business activities148 389152 736151 768149 505
Professional and financial services114 206115 226117 294116 216
Businesslike services30 29330 22329 62029 822
Other service activities101 028105 692105 179105 464

Table 3 
Banks. Balance sheet. NOK million

Banks. Balance sheet. NOK million
May 2017June 2017July 2017August 2017
Assets
Notes and divisionary coin293 414237 190304 116240 168
Loans to and claims on financial institutions840 378811 627801 298818 982
Loans to and claims on customers2 797 8362 845 6762 849 5132 843 656
Certificates and bonds566 063563 887547 680555 887
Shares, equity capital certificate e.g.197 204198 170196 034195 399
Financial derivatives249 411245 049243 969241 929
Intangible assets9 6139 7339 6959 648
Durable operating equipment10 64410 73110 75110 764
Other assets99 13882 87473 36795 653
Total assets5 063 7015 004 9375 036 4255 012 086
 
Liabilities
Deposits from financial institutions1 184 4961 083 4441 151 6341 101 364
Deposits from customers2 354 9212 456 7102 443 1412 421 280
Certificate and bond debt637 807609 521592 454606 553
Other loans74 23565 79459 06065 988
Financial derivatives263 318256 254259 464257 028
Other liabilities109 49888 15282 620108 735
Subordinated loan capital57 80557 96357 39057 093
Total liabilities4 682 0804 617 8374 645 7634 618 042
 
Equity
Share and owner share capital68 39068 70068 67168 671
Other paid in equity (share premium account etc.)63 83966 55566 51666 532
Earned equity capital230 249229 638229 895230 024
Undistributed profit19 14322 20625 57928 817
Total equity381 621387 099390 661394 044
 
Total liabilities and equity5 063 7015 004 9375 036 4255 012 086

Table 4 
Finance companies. Balance sheet. NOK million

Finance companies. Balance sheet. NOK million
May 2017June 2017July 2017August 2017
Assets
Notes and divisionary coin..85..
Loans to and claims on financial institutions..5 761..
Loans to and claims on customers..165 908..
Certificates and bonds..388..
Shares, equity capital certificate e.g...63..
Financial derivatives..84..
Intangible assets..769..
Durable operating equipment..452..
Other assets..8 904..
Total assets..182 413..
 
Liabilities
Deposits from financial institutions......
Deposits from customers......
Certificate and bond debt......
Other loans..142 963..
Financial derivatives..103..
Other liabilities..14 515..
Subordinated loan capital..1 983..
Total liabilities..159 565..
 
Equity
Share and owner share capital..4 888..
Other paid in equity (share premium account etc.)..4 558..
Earned equity capital..11 839..
Undistributed profit..1 564..
Total equity..22 849..
 
Total liabilities and equity..182 413..

Table 5 
Mortgage companies. Balance sheet. NOK million

Mortgage companies. Balance sheet. NOK million
May 2017June 2017July 2017August 2017
Assets
Notes and divisionary coin004140
Loans to and claims on financial institutions68 08359 00258 11965 751
Loans to and claims on customers1 709 1311 711 7451 704 6031 705 555
Certificates and bonds207 203211 140199 571196 548
Shares, equity capital certificate e.g.136146147146
Financial derivatives117 517114 66496 91593 862
Intangible assets612631657652
Durable operating equipment23232322
Other assets10 5339 0088 6189 169
Total assets2 113 2382 106 3592 069 0662 071 705
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt1 546 8841 540 0461 507 7771 502 637
Other loans359 650358 640344 538354 188
Financial derivatives46 75247 29656 60552 109
Other liabilities22 37821 04820 30221 524
Subordinated loan capital11 95111 95212 01612 051
Total liabilities1 987 6151 978 9811 941 2401 942 510
 
Equity
Share and owner share capital36 00336 60436 90336 963
Other paid in equity (share premium account etc.)55 43856 92756 85657 118
Earned equity capital31 85131 65931 35731 357
Undistributed profit2 3322 1882 7113 756
Total equity125 623127 378127 827129 195
 
Total liabilities and equity2 113 2382 106 3592 069 0662 071 705

Table 6 
State lending institutions. Loans by industry. NOK million

State lending institutions. Loans by industry. NOK million
May 2017June 2017July 2017August 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries78 75178 76678 82179 074
 
Agriculture4 5704 5744 5674 566
Forestry85899198
Fishing and hunting5 8605 8425 8546 002
Fish farming services323322315309
Mining and quarrying123222222
Services linked to extraction of crude petroleum and natural gas110101010
Extraction of crude petroleum and natural gas........
Manufacturing industry1 8381 8401 8461 862
Ship and boat building312305305304
Electricity and water supply938890147
Water supply, drainage and waste disposal5247594
Real estate development1 4951 5251 5971 644
Building and construction work beyond real estate development421441470452
Commodity trade etc141143157159
Sea transport abroad and transport via pipelines1235235246242
Transportation and storage1525525515506
Hotels and restaurants1 1101 1051 1051 097
Information and communication308320331345
Real estate, renting and business activities43 62243 39043 25643 382
Professional and financial services7471 0251 0311 034
Businesslike services152147146152
Other service activities16 82616 76916 81116 738

Table 7 
Banks. Loans by sector and type. NOK million

Banks. Loans by sector and type. NOK million
May 2017June 2017July 2017August 2017
Total loans3 295 6413 360 2673 320 8113 328 012
Non-financial corporations1 135 9961 150 7581 141 5181 136 261
Financial corporations363 026367 979359 629361 004
General government14 50220 45319 57818 954
Non-profit institutions serving households13 67513 75213 93213 922
Households1 367 8441 387 5691 405 1551 418 184
¬ Employees1 253 3591 272 9011 289 7521 302 060
Rest of the world411 496430 927392 283390 849
Changes in exchange rates, prices and value-10 897-11 170-11 284-11 163
 
Credit lines, secured on dwellings172 679173 220174 242175 612
Non-financial corporations692747749754
Financial corporations13111010
General government..0....
Non-profit institutions serving households24262722
Households171 407171 898172 902174 295
¬ Employees163 976164 561165 497166 858
Rest of the world543538553530
 
Repayment loans secured on dwellings1 056 2381 084 2371 094 8821 110 116
Non-financial corporations80 23880 60380 07279 985
Financial corporations663677634647
General government767699119
Non-profit institutions serving households1 8301 8031 9291 924
Households970 777998 4241 009 5161 024 709
¬ Employees908 998934 004947 652959 217
Rest of the world2 6542 6542 6302 732
 
Other repayment loans1 746 2621 780 2591 743 9791 732 367
Non-financial corporations886 806898 049896 214891 407
Financial corporations299 742306 850304 135303 219
General government13 63719 83918 87418 061
Non-profit institutions serving households10 23810 31310 21210 208
Households157 603151 859156 566152 640
¬ Employees118 125114 514116 246115 372
Rest of the world378 236393 350357 977356 832
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)255 109259 170245 966247 253
Non-financial corporations103 038107 955102 236100 819
Financial corporations62 58860 41854 82557 104
General government786536603771
Non-profit institutions serving households309291385593
Households58 33755 60356 81857 235
¬ Employees53 84051 31552 35552 731
Rest of the world30 04934 36731 10030 731
 
House building loans and other building loans76 25174 55173 02773 827
Non-financial corporations65 22263 40462 24763 297
Financial corporations20232424
General government2222
Non-profit institutions serving households1 2741 3191 3791 174
Households9 7199 7869 3529 305
¬ Employees8 4208 5068 0037 882
Rest of the world14172324

Table 8 
Finance companies. Loans by sector and type. NOK million

Finance companies. Loans by sector and type. NOK million
May 2017June 2017July 2017August 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans1168 228167 486165 704165 437
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)28 94829 30127 60527 031
Non-financial corporations9 65410 7249 3828 954
Financial corporations25101512
General government5645
Non-profit institutions serving households1211
Households16 38215 72715 64815 617
Of which employees etc.16 18815 54915 48015 429
Rest of the world2 8792 8332 5542 441
 
Other repayment loans72 39270 03669 40568 973
Non-financial corporations17 92917 57616 84717 215
Financial corporations6666
General government592591576574
Non-profit institutions serving households17171716
Households34 91336 06936 44637 281
Of which employees etc.33 60634 73535 08135 902
Rest of the world18 93515 77715 51213 880
 
Leasing67 43868 90369 24969 977
Non-financial corporations45 11547 09946 53746 871
Financial corporations151129122124
General government1 4951 4421 4211 441
Non-profit institutions serving households249248246247
Households20 39019 94920 89121 260
Of which employees etc.15 33614 87315 81416 158
Rest of the world39353234
 
Changes in exchange rate, prices and value-550-753-555-544

Table 9 
Mortgage companies. Loans by sector and type. NOK million

Mortgage companies. Loans by sector and type. NOK million
May 2017June 2017July 2017August 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans11 721 0501 723 1691 715 3631 725 766
 
Credit lines, secured on dwellings315 799315 010313 921313 749
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households315 144314 379313 306313 115
Of which employees etc.311 880311 108310 024309 808
Rest of the world655631616634
 
Repayment loans secured on dwellings1 050 6181 052 2031 048 2661 049 130
Non-financial corporations11 77611 63011 50511 485
Financial corporations372277277277
General government........
Non-profit institutions serving households53160159159
Households1 035 9181 037 6361 033 9021 034 820
Of which employees etc.976 851977 171974 076974 670
Rest of the world2 5002 5012 4242 389
 
Other repayment loans (incl. Leasing)353 822355 097352 522361 839
Non-financial corporations95 47095 59493 94593 209
Financial corporations11 60611 11010 46719 919
General government229 716230 642230 798231 549
Non-profit institutions serving households1 7361 7401 7491 749
Households5 4656 7956 8256 803
Of which employees etc.1 7572 2342 2522 287
Rest of the world9 8279 2158 7388 611
 
Changes in exchange rate, prices and value8118596531 048

Table 10 
State lending institutions. Loans by sector and type. NOK million

State lending institutions. Loans by sector and type. NOK million
May 2017June 2017July 2017August 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans1333 764333 615335 300338 977
 
Repayment loans secured on dwellings90 44990 43190 32890 306
Non-financial corporations22 10722 42522 65822 839
Financial corporations42424242
General government........
Non-profit institutions serving households8 7678 7288 6478 601
Households59 53259 23658 98158 824
Of which employees etc.28 09028 04327 94027 823
Rest of the world........
 
Other repayment loans243 543243 411245 199248 898
Non-financial corporations12 27012 26112 31212 460
Financial corporations839831831838
General government57 20757 33159 05358 881
Non-profit institutions serving households9884
Households170 442170 208170 223173 882
Of which employees etc.166 286166 059166 069169 713
Rest of the world2 7762 7722 7722 833
 
Changes in exchange rate, prices and value-227-227-227-227

Table 11 
Banks. Loans by industry. NOK million

Banks. Loans by industry. NOK million
May 2017June 2017July 2017August 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries1 264 1541 279 1761 270 8511 266 305
 
Agriculture44 54445 17245 03845 385
Forestry2 8932 9152 9042 911
Fishing and hunting26 19726 36926 33327 409
Fish farming services16 18916 77016 91316 650
Mining and quarrying111 38112 17012 47411 401
Services linked to extraction of crude petroleum and natural gas15 1665 0284 7354 640
Extraction of crude petroleum and natural gas7 1168 1286 8597 031
Manufacturing industry67 71469 76069 01766 137
Ship and boat building8 6669 8869 0058 229
Electricity and water supply42 48342 16043 79538 988
Water supply, drainage and waste disposal5 1495 0595 1134 911
Real estate development96 53696 53596 60597 024
Building and construction work beyond real estate development41 41942 34242 23643 441
Commodity trade etc66 82166 02763 07462 828
Sea transport abroad and transport via pipelines157 85858 39657 55556 599
Transportation and storage166 17066 25565 64066 087
Hotels and restaurants14 96314 49214 27914 355
Information and communication16 03720 02120 01719 966
Real estate, renting and business activities534 998540 741540 618544 313
Professional and financial services59 17659 52157 41356 883
Businesslike services31 41431 61631 06130 801
Other service activities41 26139 81240 16840 315

Table 12 
Finance companies. Loans by industry. NOK million

Finance companies. Loans by industry. NOK million
May 2017June 2017July 2017August 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries78 68681 39879 03379 269
 
Agriculture3 2803 2933 3283 364
Forestry1 1261 1801 1781 173
Fishing and hunting93979393
Fish farming services1 8841 9931 9492 055
Mining and quarrying11 3011 3801 3981 405
Services linked to extraction of crude petroleum and natural gas12 7462 6432 6392 590
Extraction of crude petroleum and natural gas956899778770
Manufacturing industry5 9777 1166 0485 944
Ship and boat building194190189186
Electricity and water supply126144148146
Water supply, drainage and waste disposal1 2241 3291 3041 279
Real estate development308321317319
Building and construction work beyond real estate development12 88613 26713 37813 431
Commodity trade etc9 8679 4339 5179 514
Sea transport abroad and transport via pipelines17 4367 9367 4687 537
Transportation and storage111 58111 96412 03612 019
Hotels and restaurants881890886886
Information and communication2 2412 3522 2142 344
Real estate, renting and business activities1 4001 4301 4031 416
Professional and financial services1 8531 9301 9251 954
Businesslike services8 1978 4327 6507 598
Other service activities3 1283 1793 1863 246

Table 13 
Mortgage companies. Loans by industry. NOK million

Mortgage companies. Loans by industry. NOK million
May 2017June 2017July 2017August 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries175 075177 421175 038174 575
 
Agriculture1 9051 9241 9241 936
Forestry210213217220
Fishing and hunting382380378380
Fish farming services383393430439
Mining and quarrying159616167
Services linked to extraction of crude petroleum and natural gas1702701488486
Extraction of crude petroleum and natural gas1111
Manufacturing industry9889791 0031 010
Ship and boat building44515151
Electricity and water supply2 4702 4572 4572 453
Water supply, drainage and waste disposal2 9443 0013 0373 063
Real estate development6 8406 9046 5756 518
Building and construction work beyond real estate development4 2124 2434 2214 177
Commodity trade etc1 9451 9681 9731 998
Sea transport abroad and transport via pipelines18 0838 2827 4457 436
Transportation and storage136 02135 93436 05335 941
Hotels and restaurants1 0541 0891 078783
Information and communication504508508516
Real estate, renting and business activities88 90190 97089 96790 178
Professional and financial services5 2845 1545 0024 721
Businesslike services3 1573 1833 1903 203
Other service activities8 9859 0248 9788 999

Table 14 
State lending institutions. Balance sheet. NOK million

State lending institutions. Balance sheet. NOK million
May 2017June 2017July 2017August 2017
Assets
Notes and divisionary coin4 4004 4424 3674 377
Loans to and claims on financial institutions790941987885
Loans to and claims on customers333 764333 615335 300338 977
Certificates and bonds........
Shares, equity capital certificate e.g.168179179180
Financial derivatives........
Intangible assets28303034
Durable operating equipment28282828
Other assets2 6432 7142 5542 647
Total assets341 822341 949343 446347 128
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt........
Other loans332 193332 147334 045337 674
Financial derivatives........
Other liabilities5 7645 8875 5145 532
Subordinated loan capital........
Total liabilities337 958338 035339 559343 206
 
Equity
Share and owner share capital1 5551 5551 5551 555
Other paid in equity (share premium account etc.)........
Earned equity capital2 2512 2432 2432 243
Undistributed profit5911789124
Total equity3 8653 9153 8873 922
 
Total liabilities and equity341 822341 949343 446347 128

Table 15 
Banks. Stock of shares, participations and primary capital certificates by sector. NOK million

Banks. Stock of shares, participations and primary capital certificates by sector. NOK million
May 2017June 2017July 2017August 2017
Total stock197 735198 859196 723196 088
 
Non-financial corporations15 84015 75915 48515 232
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government1 032280245199
Public unincorporated enterprises, owned by local government........
Public incorporated enterprises, owned by local government35282828
Private non-financial incorporated enterprises14 70215 38015 13714 929
Private non-financial unincorporated enterprises71717576
Private non-profit institutions serving enterprises........
 
Financial corporations98 47199 177100 328100 835
Norges Bank........
Banks3 4493 4213 5343 610
Mortgage companies74 11474 17773 63974 988
Finance companies2 5852 8734 0542 873
State lending institutions etc.........
Financial holding companies4 0463 9853 9953 967
Mutual funds9 2099 72410 10310 366
Investment trusts and private equity funds1 2751 2721 2741 270
Other financial enterprises, except insurance companies and pension funds3 2133 0202 9843 055
Life insurance companies and pension funds541699699699
Non-life insurance companies406467
 
General government........
Central government........
Local government........
 
Non-profit institutions serving households........
Non-profit institutions serving households........
 
Households2222
Unincorporated enterprises within households1111
Private non-financial unincorporated enterprises inclusive housing cooperatives etc.........
Employees, recipients of property income, pensions and social contributions, students etc.........
Unspecified sector1111
 
Rest of the world84 63685 13881 82580 962
General government, abroad........
Banks and financial institutions, abroad70 67671 17468 22167 361
Non-financial corporations and households, abroad13 96113 96413 60313 601
 
Changes in exchange rates, prices and value-1 214-1 217-916-942

Table 16 
Banks. Stock of bonds and sertificates by sector. NOK million

Banks. Stock of bonds and sertificates by sector. NOK million
May 2017June 2017July 2017August 2017
Total stock566 063563 887547 680555 887
 
Non-financial corporations5 0274 6004 6915 023
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government853847876772
Public unincorporated enterprises, owned by local government10114014040
Public incorporated enterprises, owned by local government1 8141 6851 9331 895
Private non-financial incorporated enterprises2 2591 9281 7422 316
Private non-financial unincorporated enterprises........
Private non-profit institutions serving enterprises........
 
Financial corporations229 838224 567220 995230 671
Norges Bank........
Banks21 68419 58417 30819 680
Mortgage companies207 104203 988202 670210 022
Finance companies254255254249
State lending institutions etc.......0
Financial holding companies177133155163
Mutual funds........
Investment trusts and private equity funds3333
Other financial enterprises, except insurance companies and pension funds63767668
Life insurance companies and pension funds528505505461
Non-life insurance companies25232325
 
General government95 60599 08296 44395 462
Central government65 86664 17663 74864 851
Local government29 73934 90632 69630 611
 
Non-profit institutions serving households........
Non-profit institutions serving households........
 
Households........
Unincorporated enterprises within households........
Private non-financial unincorporated enterprises inclusive housing cooperatives etc.........
Employees, recipients of property income, pensions and social contributions, students etc.........
Unspecified sector........
 
Rest of the world234 489234 716224 441223 522
General government, abroad63 56462 74060 39564 869
Banks and financial institutions, abroad149 802150 197142 829137 646
Non-financial corporations and households, abroad21 12321 77921 21721 007
 
Changes in exchange rates, prices and value1 1059211 1101 209

About the statistics

The statistics on banks and mortgage companies compile balance sheets and profit and loss accounts for credit institutions, finance companies and state lending institutions. The balance sheet shows assets, liabilities and equity. The profit and loss account shows revenues and expenses.

Definitions

Definitions of the main concepts and variables

Balance sheet

The balance sheet shows assets, liabilities and equity at the end of the accounting period. The most important balance sheet items are presented by sector.

Norwegian covered bonds

Covered bonds are bonds conferring a preferential claim over a cover pool consisting of public sector loans and loans secured on dwellings or other real property. Only mortgage companies with special authorisation can issue covered bonds in Norway, and these bonds have been issued since June 2007.

On 24 October 2008, the Norwegian Parliament granted the Ministry of Finance the authority to put into effect an arrangement where Norwegian banks could “swap” covered bonds with treasury bills. This “swap agreement” was aimed at reducing the negative effects of the financial crisis. The banks can acquire covered bonds either in the market or directly from mortgage companies that are licensed to issue covered bonds. Since the announcement of this offer by the Norwegian government, a number of new mortgage companies have been established. As a result, lending portfolios have been swapped between banks and mortgage companies.

 

Standard classifications

There are four types of classifications: object/instrument, sector, industry and type.

Finance objects and real objects (instruments)

Liabilities, claims and other assets in banks and financial corporations' balance sheets are divided into main equable groups, for example loans, bank deposits, bonds, shares etc.

Debitor and creditor sector

Borrowers and lenders are classified by institutional sector classification based on the national accounts' regulations. See our pages for the reporting insttitutions;

http://www.ssb.no/a/innrapportering/orbof/

Debitor and creditor industry

Based on regulations in the industry standard, loans and deposits are grouped according to which industry the debitor or creditor belongs to. See our pages for the reporting insttitutions;

http://www.ssb.no/a/innrapportering/orbof/

Income and cost types
Income and cost types are based on regulations for the national accounts. Examples of income and cost types are interest income and interest costs.

Administrative information

Name and topic

Name: Banks and mortgage companies
Topic: Banking and financial markets

Next release

Responsible division

Division for Financial Corporations

Regional level

The whole country

Frequency and timeliness

The statistics is published monthly, normally 5 weeks after the end of the month.

International reporting

Reporting to the BIS, Eurostat, the IMF and the OECD.

Microdata

Not relevant

Background

Background and purpose

The reporting procedure is made in collaboration between the Financial Supervisory Authority of Norway, Norges Bank and Statistics Norway. The data from banks and financial corporations form the basis for the supervision of the institutions and the financial markets. The data is also an information base for the monetary and credit market policy and a vital contribution to the statistics for credit indicators and monetary growth. The reporting is the main base for the official statistics on financial enterprises. It is also an important input in the national accounts and the balance of payments and the credit market statistics. The data is used for international reporting to the BIS, Eurostat, the IMF and the OECD etc.
The statistics production is done by Statistics Norway from 1. January 2007.

Users and applications

The main area of application is statistics (publishing and input in other statistics), analysis and supervision (by the Financial Supervisory Authority of Norway). The data is included in the national accounts, financial sector accounts and the balance of payments. Other important users than Statistics Norway are Norges Bank, the Financial Supervisory Authority of Norway, Ministry of Finance, the financial services industry, researchers at universities and in international organisations, and the media.

Equal treatment of users

Not relevant

Coherence with other statistics

The statistics are based on the guidelines in the national accounts standards System of National Accounts from 1993 (SNA 1993), European System of Accounts from 1995 (ESA 1995) and the IMF Manual on Monetary and Financial Statistics.
Statistics from the financial institutions are used in the national accounts, financial sector accounts, the balance of payments and in the Norwegian statistics of foreign debt and receivables.

Legal authority

The main part of the data covered here is collected under the provisions of the Act on the Supervision of Credit Institutions, Insurance Companies and Securities Trading etc. (Financial Supervision Act) of 7 December 1956 no. 1 (with amendments per 1 July 2003). Reporting from The Central Bank of Norway (Norges Bank) and from state lending institutions is obtained under the provisions of the Act concerning official statistics and Statistics Norway of 16 June 1989 no. 54 (the Statistics Act).

EEA reference

Council directive 635/86 Accounting directive for banks and other credit institutions.

Council directive 2006/48/EF Supervisory directive relating to the taking up and pursuit of the business of credit institutions

Council regulation 295/2008. Council regulation 251/2009 Amendments to council regulation 295/2008.

Council regulation 2223/96 The regulation covers the European system for national and regional accounts.
Council regulation 1392/2007 Amendments to council regulation 2223/96.

Council regulation 1606/2002 Regulation on the application of international accounting standards
Council regulation 297/2008 Amendments to council regulation 1606/2002

Production

Population

The financial statistics is based on balance sheet and profit and loss account data from Norges Bank, all banks, state lending institutions, the mortgage companies and the finance companies in Norway, including foreign companies' branches in Norway. Consolidated data is also available, but is not used for national statistics purposes.

Data sources and sampling

The data is based on reconciliated accounting data from the financial institutions.

Total count.

Collection of data, editing and estimations

The Financial Supervisory Authority of Norway and Statistics Norway work together to collect the accounting data. All data is reported electronically via the official Norwegian portal Altinn. The reporting institutions receive automatic feedback on errors or possible errors in the reporting. These errors should be corrected within two days. After data processing in Statistics Norway, the reporting institutions may be asked to control, verify or correct other data not included in the automatic feedback. Corrections from the reporting institutions are received continuously.

Seasonal adjustment

Not relevant

Confidentiality

Not relevant

Comparability over time and space

The accounting statistics for the financial institutions is based on current accounting regulations for financial institutions. Breaches may therefore occur in connection with changes in accounting legislation and in the regulations applicable to the financial institutions. Structural changes like new companies, mergers and spin-offs, and portfolio movements, may also lead to breaches in the time series.

International Financial Reporting Standard (IFRS)
The new accounting standard IFRS is an example of a change that has causedbreaches in the time series. From 2009 the reporting companies may report according to the IFRS standard and other entities may follow NGAAP. The IFRS standard will lead to larger fluctuations in the data because of the more extensive use of fair value in the accounting. The comparison of the reported data with the companies' official accounts is also challenging when the IFRS standard does not require a specific presentation of the accounts, as the traditional Norwegian accounting standards do.

Regulation on loans
The IFRS-adapted regulation on loans was introduced 1. January 2005. It lead to a small change in the measuring of the value of loans and guaranties in the accounting data and thereby to a small breach in the time series for loans and loan loss provisions. There were also a breach in the time series on loans in 1992 due to changed accounting rules.

Changes in the presentation of the statistics
Data specifications are updated continuously. An example of changes in data series is Credit lines secured on dwellings became a new specification from January 2006 and was partly deducted from repayment loans secured on dwellings.

Structural changes
There are several mergers, spin-offs and new companies being started every year. Many of these structural changes have no significant impact on the statistics, while others lead to breaches in the time series. Major changes will be commented upon in the current statistics publication.

Portfolio movements
The introduction of IFRS, the regulation on loans and the structural changes mentioned, has lead to portfolio movements. Following the covered bonds legislation in Norway from 2008 on loan portfolios have been moved from banks to mortgage companies. This gives breaches in the time series and needs to be taken into consideration when interpreting the data.

Accuracy and reliability

Sources of error and uncertainty

Errors and discrepancies can occur in the accounting data. These discrepancies can have a number of sources:

*Errors in the reporting party's accounts

*Errors in the transfer of data from the institution's primary accounts to data reports and to recipients

*Different accounting and evaluation principles

*Different accounting dates for transactions

*Insufficient data from the reporting parties

*Processing errors

Due to large amounts of data and a dynamic control and revision system, published data will be regarded as preliminary until next years data for the same period is published. This means that data for the current year may be revised without this being marked in the preceeding publishing. Large and important revision however, will be commented upon in the publishing of Today's Statistics.

Revision

The statistics show preliminary figures. Data may be revised in future publications.

Contact