The general public’s domestic loan debt amounted to NOK 6 466 billion at end-May, according to new figures from the Credit indicator statistics.

Increased debt growth in households

Households’ domestic loan debt totalled to NOK 3 877 billion at end-May. The twelve-month growth was 5.1 per cent to end-May, up from 5,0 per cent the previous month.

Unchanged debt growth in non-financial corporations

Non-financial corporations domestic loan debt amounted to NOK 1 971 billion at end-May. The twelve-month growth was 4.4 per cent to end-May, unchanged compared to the previous month.

Increased 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-May. This amounted to NOK 5 219 billion. The twelve-month growth in loans from banks and mortgage companies was 5.2 per cent to end-May, up from 5.0 per cent the previous month.

Increased growth in debt securities

The twelve-month growth in the general public’s debt securities was 15.3 per cent to end-March, up from 15.1 per cent the previous month.

Figure 1. Credit indicator (C2). 12-month growth