328704
/en/bank-og-finansmarked/statistikker/banker/maanedsbalanse
328704
statistikk
2018-01-12T08:00:00.000Z
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

Monthly balance sheet for January 2018 is delayed until June due to a large change of the statistics.

Updated

Next update

Key figures

9.6 %

twelve-month change in stock, home savings scheme for young people November 2017

Balance sheet. Selected figures. NOK million and per cent
November 2016November 2017Percentage change
Banks
Mortgages to households1 161 0561 220 0025.1
Loans to manufacturing industry62 42068 66210.0
Home savings scheme for young people43 47847 6659.6
Mortgage companies
Mortgages to households1 269 9221 371 6388.0
Loans to manufacturing industry9291 05313.3
Finance companies
Loans to manufacturing industry6 8056 191-9.0
State lending institutions
Mortgages to households60 63358 509-3.5
Loans to manufacturing industry1 6981 8398.3

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
August 2017September 2017October 2017November 2017
Total deposits3 522 6443 573 4483 688 1363 615 103
Non-financial corporations726 249727 692758 767739 583
Financial corporations198 954175 054205 663207 080
General government139 295162 858149 918143 913
Non-profit institutions serving households70 08563 92764 42563 045
Households1 193 1251 191 9191 190 5981 185 598
¬ Employees1 143 5271 142 3041 141 0341 136 359
Rest of the world1 194 8161 251 9211 318 6901 275 822
Changes in exchange rates, prices and value120777562
 
Transaction deposits2 305 8142 333 1492 384 9382 341 339
Non-financial corporations593 033610 659635 739634 294
Financial corporations134 058132 179148 757148 264
General government109 866140 472120 513120 817
Non-profit institutions serving households53 83353 22653 19352 674
Households1 030 9781 030 2551 027 0121 022 748
¬ Employees985 556984 714981 626977 626
Rest of the world384 046366 359399 725362 542
 
Deposits with agreed maturity up to one month413 240437 048491 519448 064
Non-financial corporations12 05713 46213 11715 932
Financial corporations11 3825 4669 1235 849
General government5 1835 0005 4135 354
Non-profit institutions serving households1 5821 3771 3621 018
Households21 41921 48621 75921 504
¬ Employees20 74420 81121 08220 822
Rest of the world361 617390 257440 744398 407
 
Tax deduction accounts45 83226 86848 04424 168
Non-financial corporations26 28215 71428 33913 263
Financial corporations3 1001 7693 1461 719
General government14 3328 03014 3337 893
Non-profit institutions serving households1 5759781 685943
Households440310446292
¬ Employees98709866
Rest of the world104689558
 
Deposits related to pension schemes9971 0201 0781 087
Non-financial corporations24242422
Financial corporations5555
General government........
Non-profit institutions serving households0000
Households9619851 0421 053
¬ Employees893916973983
Rest of the world6666
 
Deposits with yield based on stock exchange yield398374439433
Non-financial corporations292281307261
Financial corporations21192623
General government27232422
Non-profit institutions serving households15151332
Households41366993
¬ Employees40356491
Rest of the world1000
 
Home savings scheme for young people47 87847 81247 80348 068
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households47 55047 47047 45247 665
¬ Employees47 18947 11147 09247 304
Rest of the world329342351403
 
Deposits on other terms708 366727 099714 240751 884
Non-financial corporations94 56087 55281 24175 811
Financial corporations50 39035 61644 60751 220
General government9 8879 3329 6369 828
Non-profit institutions serving households13 0818 3318 1718 376
Households91 73691 37892 81792 243
¬ Employees89 00788 64890 09989 468
Rest of the world448 713494 890477 768514 406

Table 2 
Deposits by industry. NOK million

Deposits by industry. NOK million
August 2017September 2017October 2017November 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 industries845 834841 145872 661851 761
 
Agriculture17 50517 33517 38316 575
Forestry1 8131 8021 8761 904
Fishing and hunting9 7879 66310 59410 732
Fish farming services14 21014 00214 57713 574
Mining and quarrying16 6467 0908 8878 403
Services linked to extraction of crude petroleum and natural gas14 0133 7234 1004 248
Extraction of crude petroleum and natural gas45 63445 32441 47739 663
Manufacturing industry50 87656 00154 43252 049
Ship and boat building4 6485 2625 5135 438
Electricity and water supply35 79832 08036 39032 439
Water supply, drainage and waste disposal4 2333 6084 1654 329
Real estate development16 98817 42318 43418 325
Building and construction work beyond real estate development39 96039 85343 88042 195
Commodity trade etc70 65671 13471 44572 317
Sea transport abroad and transport via pipelines123 18222 87624 46026 124
Transportation and storage153 56454 68355 74950 543
Hotels and restaurants8 5958 0918 0487 697
Information and communication36 71935 73440 81836 319
Real estate, renting and business activities149 505152 300162 513165 155
Professional and financial services116 216114 659113 368113 860
Businesslike services29 82229 19132 74732 089
Other service activities105 46499 313101 80197 785

Table 3 
Banks. Loans by sector and type. NOK million

Banks. Loans by sector and type. NOK million
August 2017September 2017October 2017November 2017
Total loans3 328 0123 387 2563 381 7043 394 282
Non-financial corporations1 136 2611 149 3561 151 6701 156 679
Financial corporations361 004371 481371 795351 476
General government18 95417 62218 52118 071
Non-profit institutions serving households13 92213 83113 68913 693
Households1 418 1841 430 3761 434 9781 451 985
¬ Employees1 302 0601 314 4991 317 0451 333 987
Rest of the world390 849415 581402 104413 456
Changes in exchange rates, prices and value-11 163-11 009-11 071-11 096
 
Credit lines, secured on dwellings175 612175 106177 738180 030
Non-financial corporations754744735764
Financial corporations10101011
General government..0....
Non-profit institutions serving households22201819
Households174 295173 797176 433178 662
¬ Employees166 858166 399169 021171 195
Rest of the world530535541575
 
Repayment loans secured on dwellings1 110 1161 119 1051 113 1631 129 722
Non-financial corporations79 98580 82581 54082 644
Financial corporations647651616602
General government119119128128
Non-profit institutions serving households1 9241 9171 9351 977
Households1 024 7091 032 8401 026 1471 041 340
¬ Employees959 217967 847964 811979 423
Rest of the world2 7322 7542 7983 033
 
Other repayment loans1 732 3671 767 2331 757 1311 745 287
Non-financial corporations891 407894 460894 494897 585
Financial corporations303 219310 829304 132280 356
General government18 06116 60317 74117 119
Non-profit institutions serving households10 20810 2089 9339 857
Households152 640156 176164 059163 665
¬ Employees115 372118 709120 961121 128
Rest of the world356 832378 958366 772376 706
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)247 253260 746266 635272 672
Non-financial corporations100 819108 420107 890109 130
Financial corporations57 10459 96967 01870 493
General government771898650824
Non-profit institutions serving households593257539353
Households57 23557 89058 56958 762
¬ Employees52 73153 36054 04754 063
Rest of the world30 73133 31231 96833 110
 
House building loans and other building loans73 82776 07578 10877 667
Non-financial corporations63 29764 92667 02966 574
Financial corporations24211816
General government2222
Non-profit institutions serving households1 1741 4301 2641 487
Households9 3059 6749 7699 556
¬ Employees7 8828 1848 2058 179
Rest of the world24222633

Table 4 
Finance companies. Loans by sector and type. NOK million

Finance companies. Loans by sector and type. NOK million
August 2017September 2017October 2017November 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 loans1165 437166 192168 176170 567
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)27 03127 31228 53628 559
Non-financial corporations8 9549 84610 18010 546
Financial corporations129910
General government5666
Non-profit institutions serving households1222
Households15 61715 10415 41515 593
Of which employees etc.15 42914 91815 24315 403
Rest of the world2 4412 3462 9242 402
 
Other repayment loans68 97368 86968 97970 388
Non-financial corporations17 21516 47217 51817 370
Financial corporations6654
General government574572571572
Non-profit institutions serving households16161617
Households37 28137 13237 06437 822
Of which employees etc.35 90235 73535 62436 486
Rest of the world13 88014 67113 80514 603
 
Leasing69 97770 78471 22072 190
Non-financial corporations46 87148 00848 02448 341
Financial corporations124122120123
General government1 4411 4461 4521 470
Non-profit institutions serving households247252251250
Households21 26020 92221 34021 975
Of which employees etc.16 15815 76316 15716 990
Rest of the world34343232
 
Changes in exchange rate, prices and value-544-773-558-569

Table 5 
Mortgage companies. Loans by sector and type. NOK million

Mortgage companies. Loans by sector and type. NOK million
August 2017September 2017October 2017November 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 725 7661 726 9021 747 1921 747 505
 
Credit lines, secured on dwellings313 749315 834314 773315 304
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households313 115315 174314 091314 609
Of which employees etc.309 808311 858310 773311 263
Rest of the world634659682695
 
Repayment loans secured on dwellings1 049 1301 055 0621 069 5491 072 048
Non-financial corporations11 48511 53811 66011 878
Financial corporations277277327328
General government........
Non-profit institutions serving households159159158115
Households1 034 8201 040 6601 054 9511 057 029
Of which employees etc.974 670979 830993 259995 162
Rest of the world2 3892 4292 4552 697
 
Other repayment loans (incl. Leasing)361 839355 129361 711358 707
Non-financial corporations93 20992 37792 35592 182
Financial corporations19 91913 54516 23612 151
General government231 549232 091235 240236 210
Non-profit institutions serving households1 7491 7471 6861 689
Households6 8037 1757 8637 984
Of which employees etc.2 2872 3852 6532 729
Rest of the world8 6118 1948 3318 491
 
Changes in exchange rate, prices and value1 0488761 1591 446

Table 6 
State lending institutions. Loans by sector and type. NOK million

State lending institutions. Loans by sector and type. NOK million
August 2017September 2017October 2017November 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 loans1338 977340 219340 900336 390
 
Repayment loans secured on dwellings90 30690 26990 21090 282
Non-financial corporations22 83922 85923 01123 164
Financial corporations42424242
General government........
Non-profit institutions serving households8 6018 6568 6198 567
Households58 82458 71358 53858 509
Of which employees etc.27 82327 78027 73427 710
Rest of the world........
 
Other repayment loans248 898250 177250 917246 335
Non-financial corporations12 46012 46612 48112 504
Financial corporations838838828828
General government58 88158 66658 33558 083
Non-profit institutions serving households4333
Households173 882175 346176 394172 045
Of which employees etc.169 713171 160172 196167 833
Rest of the world2 8332 8572 8742 871
 
Changes in exchange rate, prices and value-227-227-227-227

Table 7 
Banks. Loans by industry. NOK million

Banks. Loans by industry. NOK million
August 2017September 2017October 2017November 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 266 3051 279 0621 283 2871 288 363
 
Agriculture45 38545 66348 19047 986
Forestry2 9112 9312 9463 008
Fishing and hunting27 40927 81727 96127 246
Fish farming services16 65017 07017 28818 927
Mining and quarrying111 40111 99411 95912 082
Services linked to extraction of crude petroleum and natural gas14 6404 5954 6984 714
Extraction of crude petroleum and natural gas7 0317 3268 6865 445
Manufacturing industry66 13769 99969 06368 662
Ship and boat building8 2298 2758 4408 953
Electricity and water supply38 98838 87338 92239 530
Water supply, drainage and waste disposal4 9114 4814 6063 326
Real estate development97 02498 35899 31599 518
Building and construction work beyond real estate development43 44143 39043 75043 847
Commodity trade etc62 82864 63565 47965 191
Sea transport abroad and transport via pipelines156 59956 41759 32160 168
Transportation and storage166 08768 50166 94066 789
Hotels and restaurants14 35513 85813 90414 090
Information and communication19 96619 71920 36519 468
Real estate, renting and business activities544 313544 588543 483548 305
Professional and financial services56 88356 00953 16153 397
Businesslike services30 80131 95632 25234 023
Other service activities40 31542 60942 55743 690

Table 8 
Finance companies. Loans by industry. NOK million

Finance companies. Loans by industry. NOK million
August 2017September 2017October 2017November 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 industries79 26980 43181 92682 152
 
Agriculture3 3643 3673 4113 402
Forestry1 1731 1861 1891 190
Fishing and hunting931009495
Fish farming services2 0552 0772 0272 071
Mining and quarrying11 4051 4101 4081 413
Services linked to extraction of crude petroleum and natural gas12 5901 8112 9902 889
Extraction of crude petroleum and natural gas770743747548
Manufacturing industry5 9446 8276 4556 191
Ship and boat building186183177184
Electricity and water supply146146146146
Water supply, drainage and waste disposal1 2791 2991 2871 269
Real estate development319325322329
Building and construction work beyond real estate development13 43113 51813 65113 716
Commodity trade etc9 5149 80310 29610 494
Sea transport abroad and transport via pipelines17 5377 7017 8747 964
Transportation and storage112 01912 06112 11912 004
Hotels and restaurants886914906908
Information and communication2 3442 4812 3932 644
Real estate, renting and business activities1 4161 4321 4281 440
Professional and financial services1 9542 0432 0522 060
Businesslike services7 5987 7667 6777 786
Other service activities3 2463 2383 2763 410

Table 9 
Mortgage companies. Loans by industry. NOK million

Mortgage companies. Loans by industry. NOK million
August 2017September 2017October 2017November 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 industries174 575174 757176 079176 333
 
Agriculture1 9361 9632 0222 106
Forestry220225229228
Fishing and hunting380386364367
Fish farming services439447467466
Mining and quarrying167686978
Services linked to extraction of crude petroleum and natural gas1486274268269
Extraction of crude petroleum and natural gas1111
Manufacturing industry1 0101 0261 0521 053
Ship and boat building51504947
Electricity and water supply2 4532 4402 4562 460
Water supply, drainage and waste disposal3 0633 0643 1033 095
Real estate development6 5186 4936 4336 346
Building and construction work beyond real estate development4 1774 2284 2574 280
Commodity trade etc1 9982 0192 0402 057
Sea transport abroad and transport via pipelines17 4366 4506 4196 146
Transportation and storage135 94136 32035 89035 929
Hotels and restaurants783778808814
Information and communication516515523728
Real estate, renting and business activities90 17891 00992 57392 634
Professional and financial services4 7214 7814 7974 811
Businesslike services3 2033 2223 2843 318
Other service activities8 9998 9978 9749 101

Table 10 
State lending institutions. Loans by industry. NOK million

State lending institutions. Loans by industry. NOK million
August 2017September 2017October 2017November 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 industries79 07479 10379 11879 250
 
Agriculture4 5664 5614 5784 583
Forestry98948987
Fishing and hunting6 0026 0175 9966 002
Fish farming services309305343343
Mining and quarrying122776
Services linked to extraction of crude petroleum and natural gas110242424
Extraction of crude petroleum and natural gas........
Manufacturing industry1 8621 8361 8321 839
Ship and boat building304302299297
Electricity and water supply147147144142
Water supply, drainage and waste disposal4444
Real estate development1 6441 6401 6631 674
Building and construction work beyond real estate development452477476503
Commodity trade etc159161170174
Sea transport abroad and transport via pipelines1242244244258
Transportation and storage1506498497488
Hotels and restaurants1 0971 0941 0831 080
Information and communication345355365374
Real estate, renting and business activities43 38243 31343 26043 262
Professional and financial services1 0341 0801 0971 103
Businesslike services152153160161
Other service activities16 73816 79116 78616 847

Table 11 
Banks. Balance sheet. NOK million

Banks. Balance sheet. NOK million
August 2017September 2017October 2017November 2017
Assets
Notes and divisionary coin240 168272 528367 371299 482
Loans to and claims on financial institutions818 982801 873831 084825 019
Loans to and claims on customers2 843 6562 871 3812 884 3952 912 570
Certificates and bonds555 887563 683577 613582 503
Shares, equity capital certificate e.g.195 399197 645202 047204 001
Financial derivatives241 929233 516243 451254 983
Intangible assets9 6489 7269 7249 861
Durable operating equipment10 76410 79910 83510 827
Other assets95 65397 73594 05388 306
Total assets5 012 0865 058 8865 220 5735 187 552
 
Liabilities
Deposits from financial institutions1 101 3641 140 5881 213 4261 170 572
Deposits from customers2 421 2802 432 8602 474 7102 444 532
Certificate and bond debt606 553620 587630 855631 798
Other loans65 98861 17260 95596 215
Financial derivatives257 028241 519260 421274 145
Other liabilities108 735106 282118 164101 743
Subordinated loan capital57 09358 13358 66160 206
Total liabilities4 618 0424 661 1404 817 1934 779 210
 
Equity
Share and owner share capital68 67168 83468 99369 107
Other paid in equity (share premium account etc.)66 53266 90466 99067 684
Earned equity capital230 024231 024230 815231 000
Undistributed profit28 81730 98436 58340 552
Total equity394 044397 746403 380408 343
 
Total liabilities and equity5 012 0865 058 8875 220 5745 187 553

Table 12 
Finance companies. Balance sheet. NOK million

Finance companies. Balance sheet. NOK million
August 2017September 2017October 2017November 2017
Assets
Notes and divisionary coin..89..
Loans to and claims on financial institutions..4 145..
Loans to and claims on customers..166 018..
Certificates and bonds..738..
Shares, equity capital certificate e.g...63..
Financial derivatives..298..
Intangible assets..778..
Durable operating equipment..424..
Other assets..8 632..
Total assets..181 185..
 
Liabilities
Deposits from financial institutions......
Deposits from customers......
Certificate and bond debt......
Other loans..141 127..
Financial derivatives..6..
Other liabilities..14 986..
Subordinated loan capital..1 986..
Total liabilities..158 104..
 
Equity
Share and owner share capital..4 792..
Other paid in equity (share premium account etc.)..4 557..
Earned equity capital..11 395..
Undistributed profit..2 337..
Total equity..23 080..
 
Total liabilities and equity..181 185..

Table 13 
Mortgage companies. Balance sheet. NOK million

Mortgage companies. Balance sheet. NOK million
August 2017September 2017October 2017November 2017
Assets
Notes and divisionary coin0000
Loans to and claims on financial institutions65 75149 83756 22354 874
Loans to and claims on customers1 705 5551 713 3631 730 9631 735 361
Certificates and bonds196 548194 655196 158204 271
Shares, equity capital certificate e.g.146147147422
Financial derivatives93 862100 683114 767130 771
Intangible assets652649640628
Durable operating equipment22212121
Other assets9 16913 3258 48410 077
Total assets2 071 7052 072 6792 107 4032 136 424
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt1 502 6371 508 3421 529 1641 573 861
Other loans354 188355 962372 950353 898
Financial derivatives52 10940 51438 89440 293
Other liabilities21 52426 79822 33823 499
Subordinated loan capital12 05112 14212 15912 178
Total liabilities1 942 5101 943 7581 975 5042 003 729
 
Equity
Share and owner share capital36 96336 96337 76238 787
Other paid in equity (share premium account etc.)57 11857 26558 19957 328
Earned equity capital31 35731 25431 25731 143
Undistributed profit3 7563 4384 6815 438
Total equity129 195128 921131 898132 695
 
Total liabilities and equity2 071 7052 072 6792 107 4032 136 424

Table 14 
State lending institutions. Balance sheet. NOK million

State lending institutions. Balance sheet. NOK million
August 2017September 2017October 2017November 2017
Assets
Notes and divisionary coin4 3774 2564 3724 235
Loans to and claims on financial institutions8859899531 030
Loans to and claims on customers338 977340 219340 900336 390
Certificates and bonds........
Shares, equity capital certificate e.g.180180194213
Financial derivatives........
Intangible assets34353841
Durable operating equipment28282827
Other assets2 6472 7042 7048 011
Total assets347 128348 411349 188349 948
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt........
Other loans337 674339 004339 605335 147
Financial derivatives........
Other liabilities5 5325 5745 59210 787
Subordinated loan capital........
Total liabilities343 206344 578345 196345 934
 
Equity
Share and owner share capital1 5551 5551 5551 555
Other paid in equity (share premium account etc.)........
Earned equity capital2 2432 2432 2262 226
Undistributed profit12435211233
Total equity3 9223 8333 9924 014
 
Total liabilities and equity347 128348 411349 188349 948

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
August 2017September 2017October 2017November 2017
Total stock196 088198 334202 497204 451
 
Non-financial corporations15 23215 60316 39216 586
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government199212215202
Public unincorporated enterprises, owned by local government........
Public incorporated enterprises, owned by local government28282727
Private non-financial incorporated enterprises14 92915 29316 07416 288
Private non-financial unincorporated enterprises76717570
Private non-profit institutions serving enterprises........
 
Financial corporations100 835100 531102 399102 592
Norges Bank........
Banks3 6103 6193 8913 629
Mortgage companies74 98875 18176 17476 334
Finance companies2 8732 8733 7913 791
State lending institutions etc.........
Financial holding companies3 9673 9643 9913 992
Mutual funds10 3669 6299 7729 982
Investment trusts and private equity funds1 2701 2701 2691 365
Other financial enterprises, except insurance companies and pension funds3 0553 2993 0533 041
Life insurance companies and pension funds699689451456
Non-life insurance companies7772
 
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 world80 96282 91784 65386 304
General government, abroad........
Banks and financial institutions, abroad67 36168 82563 32964 431
Non-financial corporations and households, abroad13 60114 09221 32421 873
 
Changes in exchange rates, prices and value-942-718-948-1 033

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

Banks. Stock of bonds and sertificates by sector. NOK million
August 2017September 2017October 2017November 2017
Total stock555 887563 683577 613582 503
 
Non-financial corporations5 0235 6356 7524 944
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government772806739628
Public unincorporated enterprises, owned by local government40404040
Public incorporated enterprises, owned by local government1 8951 8661 3251 258
Private non-financial incorporated enterprises2 3162 9224 6473 018
Private non-financial unincorporated enterprises........
Private non-profit institutions serving enterprises........
 
Financial corporations230 671232 307236 568238 096
Norges Bank........
Banks19 68021 99620 73222 268
Mortgage companies210 022209 312214 846214 802
Finance companies249239235222
State lending institutions etc.0......
Financial holding companies163139155212
Mutual funds........
Investment trusts and private equity funds3333
Other financial enterprises, except insurance companies and pension funds68595861
Life insurance companies and pension funds461553532521
Non-life insurance companies25667
 
General government95 46298 06197 85997 860
Central government64 85167 13267 46769 702
Local government30 61130 92930 39228 158
 
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 world223 522226 643236 069241 388
General government, abroad64 86966 16979 26080 713
Banks and financial institutions, abroad137 646138 912134 317137 126
Non-financial corporations and households, abroad21 00721 56222 49223 549
 
Changes in exchange rates, prices and value1 2091 036365216

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