Weaker growth in domestic loan debt
The twelve-month growth in the credit indicator C2 was 5.6 per cent to the end of August, down from 5.7 per cent the previous month.
The general public’s domestic loan debt amounted to NOK 5 342 billion at end-August, according to new figures from the Credit indicator statistics.
Figure 1. Credit indicator (C2)
|12-month growth||3-month moving average|
Unchanged debt growth in households
Households’ domestic loan debt totalled NOK 3 201 billion at end-August. The twelve-month growth was 6.6 per cent to end-August, unchanged from the month before.
Weaker debt growth for non-financial corporations
Non-financial corporations’ domestic loan debt amounted to NOK 1 666 billion at end-August. The twelve-month growth was 3.7 per cent to end-August, down from 4.1 per cent the previous month.
Weaker growth in loans from banks and mortgage companies
Of the general public’s domestic loan debt, 80 per cent consisted of loans from banks and mortgage companies at end-August. This amounted to NOK 4 276 billion. The twelve-month growth in banks and mortgage companies’ loans was 5.4 per cent, down from 5.6 per cent the month before.
Stronger growth in bond debt
The twelve-month growth in the general public’s bond debt was 9.1 per cent to end-August, up from 8.9 per cent the previous month.