Increased growth in domestic loan debt
The twelve-month growth in the credit indicator C2 was 5.8 per cent to the end of August 2018, up from 5.7 percent the previous month.
Figure 1. Credit indicator (C2)
|General public||Households||Non-financial corporations||Municipalities|
The general public’s domestic loan debt amounted to NOK 5 666 billion at end-August, according to new figures from the Credit indicator statistics.
Decreased debt growth in households
Households’ domestic loan debt totalled NOK 3 393 billion at end-August. The twelve-month growth was 5.7 per cent to end-August, down from 5.8 percent the month before.
Increased debt growth in non-financial corporations
Non-financial corporations domestic loan debt amounted to NOK 1 775 billion at end-August. The twelve-month growth was 6.3 per cent to end-August, up from 5.9 per cent the previous month.
Stronger growth in loans from banks and mortgage companies
Of the general public’s domestic loan debt, 81 per cent consisted of loans from banks and mortgage companies at end-August. This amounted to NOK 4 565 billion. The twelve-month growth in loans from banks and mortgage companies was 6.0 per cent, up from 5.7 per cent the previous month.
Decreased growth in debt securities
The twelve-month growth in the general public’s debt securities was 6.8 per cent to end-August, down from 8.8 per cent the previous month.