Statistikk innhold
Statistics on
Banks and mortgage companies
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.
Selected figures from the statistics
- Banks and mortgage companies, selected figures. NOK millionDownload table as ...Banks and mortgage companies, selected figures. NOK million
February 2025 March 2025 Banks Loans to households 1 604 900 1 615 243 Loans to the manufacturing industry 112 134 112 324 Deposits from households 1 768 692 1 785 769 Housing savings for young people 46 284 46 011 Mortgage companies Loans to households 2 300 435 2 301 855 Loans to the manufacturing industry 2 368 2 436 Explanation of symbolsDownload table as ... - Loans from banks by industry. NOK millionDownload table as ...Loans from banks by industry. NOK million
December 2024 January 2025 February 2025 March 2025 All industries 1 951 936 1 949 626 1 953 494 1 958 994 Agriculture 73 182 73 404 70 388 71 666 Forestry 4 559 4 502 4 680 4 738 Fishing and hunting 53 739 55 335 56 154 55 837 Fish farming services 68 962 67 964 68 591 68 244 Mining and quarrying 8 399 9 997 9 892 8 739 Services linked to extraction of crude petroleum and natural gas 2 402 2 376 1 556 1 472 Extraction of crude petroleum and natural gas 4 891 5 330 4 388 3 651 Industry 111 394 111 077 112 134 112 324 Ship and boat building 2 645 3 208 2 567 2 904 Electricity and water supply 62 740 66 311 65 180 65 814 Water supply, drainage and waste disposal 13 148 13 673 13 395 13 477 Real estate development 159 934 159 187 159 545 158 600 Building and construction work beyond real estate development 53 262 52 156 53 591 54 057 Commodity trade etc 100 780 101 401 104 431 101 435 Sea transport abroad and transport via pipelines 47 021 47 016 47 539 45 637 Transportation and storage 66 216 66 637 70 550 72 138 Hotels and restaurants 25 292 24 824 24 948 25 047 Information and communication 29 065 31 029 31 407 31 058 Real estate, renting and business activities 855 808 846 089 850 471 857 809 Professional and financial services 116 358 115 804 113 105 114 519 Businesslike services 40 404 41 109 38 260 38 729 Other service activities 51 736 51 196 50 724 51 097 Explanation of symbolsDownload table as ... - Loans to households by type, from banks and mortgage companies. NOK millionDownload table as ...Loans to households by type, from banks and mortgage companies. NOK million1
December 2024 January 2025 February 2025 March 2025 Banks Credit lines, secured on dwellings 181 498 179 039 179 170 182 212 Credit lines, secured on commercial property 20 403 20 215 18 133 18 441 Credit lines, secured on other items 5 596 5 591 4 864 4 687 Credit card loans 24 768 29 453 28 780 29 644 Factoring 1 111 1 086 1 069 1 078 Leasing 8 542 8 419 8 434 8 325 Other credit lines, without collateral 11 569 11 409 10 971 11 058 Repayment loans secured on dwellings 1 119 486 1 117 614 1 132 479 1 137 107 Repayment loans, secured on commercial property 89 005 89 623 89 883 90 548 Repayment loans, secured on other items 92 034 91 472 91 284 91 346 Repayment loans, without collateral 41 222 45 933 45 870 46 542 Reverse repurchase agreement 2 559 2 424 2 273 2 370 Mortgage companies Credit lines, secured on dwellings 466 138 467 204 467 213 467 069 Credit lines, secured on commercial property 706 679 684 653 Credit lines, secured on other items 467 467 471 489 Credit card loans 24 21 22 20 Factoring .. .. .. .. Leasing 2 545 2 554 2 525 2 547 Other credit lines, without collateral 5 8 7 9 Repayment loans secured on dwellings 1 808 736 1 825 426 1 818 708 1 820 449 Repayment loans, secured on commercial property 3 767 3 904 4 008 3 812 Repayment loans, secured on other items 7 683 7 679 7 638 7 662 Repayment loans, without collateral 23 139 137 18 Reverse repurchase agreement .. .. .. .. 1Loans in this table are measured in gross value. Explanation of symbolsDownload table as ... - Deposits from households by type. NOK millionDownload table as ...Deposits from households by type. NOK million
December 2024 January 2025 February 2025 March 2025 Total deposits 1 727 759 1 738 891 1 768 692 1 785 769 Transaction deposits 1 412 779 1 418 699 1 445 167 1 459 200 Deposits with short agreed maturity 246 810 249 581 251 410 255 143 Deposits with long agreed maturity 14 521 14 070 13 711 13 281 Tax deduction accounts 372 283 396 290 Deposits related to pension schemes 353 349 350 368 Housing savings for young people 44 632 46 442 46 284 46 011 Deposits tied to other purposes 8 292 9 468 11 373 11 476 Explanation of symbolsDownload table as ... - Loans from financial corporations by borrower sector. NOK millionDownload table as ...Loans from financial corporations by borrower sector. NOK million
December 2024 January 2025 February 2025 March 2025 Banks Non-financial corporations 1 755 670 1 754 531 1 759 598 1 764 351 Financial corporations 627 102 608 540 590 383 584 726 General government 9 931 11 984 9 514 52 880 Non-profit institutions serving households 14 691 14 799 14 917 15 038 Households 1 589 807 1 593 764 1 604 900 1 615 243 Rest of the world 906 898 981 173 1 007 639 952 092 Finance companies1 Non-financial corporations 81 026 .. .. 82 219 Financial corporations 718 .. .. 959 General government 3 723 .. .. 3 747 Non-profit institutions serving households 338 .. .. 335 Households 91 305 .. .. 79 343 Rest of the world 18 247 .. .. 17 497 Mortgage companies Non-financial corporations 53 127 53 134 53 239 53 193 Financial corporations 39 192 35 578 32 616 28 982 General government 372 755 373 522 378 080 377 925 Non-profit institutions serving households 817 819 812 813 Households 2 289 151 2 307 124 2 300 435 2 301 855 Rest of the world 5 165 5 729 5 219 7 699 State lending institutions Non-financial corporations 37 122 37 168 37 038 36 823 Financial corporations 25 16 16 19 General government 116 161 116 015 119 331 126 419 Non-profit institutions serving households 12 981 12 944 12 906 12 869 Households 313 102 318 102 319 279 320 298 Rest of the world 3 694 4 917 4 941 4 969 1Quarterly reporting Explanation of symbolsDownload table as ... - Main figures from banks' profit and loss accounts. NOK millionDownload table as ...Main figures from banks' profit and loss accounts. NOK million
1st quarter 2022 1st quarter 2023 1st quarter 2024 1st quarter 2025 Total interest income and similar income 32 279 73 535 104 246 99 899 Total interest expenses and similar expenses 9 619 42 632 70 547 65 573 Net interest income 22 659 30 903 33 699 34 326 Total income 43 253 85 553 116 763 113 550 Total cost 25 771 60 668 89 705 85 624 Pre-loss profit 17 482 24 885 27 059 27 926 Total credit loss on loans, guarantees and securities 150 164 2 049 1 719 Confirmed credit losses on loans 2 881 1 096 737 1 289 Pre-tax profit 17 332 24 721 25 010 26 207 Taxes on ordinary profit 3 472 5 560 5 621 5 395 Profit and loss before other comprehensive income 13 860 19 161 19 389 20 812 Other comprehensive income before taxes 1 963 29 1 032 -302 Taxes on other comprehensive income -209 -21 -266 97 Comprehensive income 15 614 19 169 20 155 20 606 Explanation of symbolsDownload table as ... Deposits by county. NOK million Loans from banks by county. NOK million
About the statistics
The information under «About the statistics» was last updated 16 October 2024.
Balance sheet, monthly and yearly
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.
Profit and loss account, quarterly
The profit and loss account shows accumulated revenues and expenses throughout the year.
Deposits with short agreed maturity
Notice period up to and including 3 months or agreed maturity of up to and including 2 years.
Deposits with long agreed maturity
Notice period over 3 months or agreed maturity of over 2 years.
Transaction deposits
Comprises deposits from which, regardless of purpose, payments and withdrawals may be made directly, without additional costs beyond regular transaction fees (overnight deposits).
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.
Debtor and creditor sector
Borrowers and lenders are classified by institutional sector classification based on the national accounts' regulations. See our pages for the reporting institutions (in Norwegian)
Debtor and creditor industry
Based on regulations in the industry standard, loans and deposits are grouped according to which industry the debtor or creditor belongs to. See our pages for the reporting institutions (in Norwegian)
Income and cost types
Income and cost types are based on national account regulations. Examples of income and cost types are interest income and interest costs.
Name: Banks and mortgage companies
Topic: Banking and financial markets
Division for Financial Markets Statistics
The whole country
The monthly balance sheet statistics is published 5 weeks after the reporting period. The profit and loss account is published 8 weeks after the reporting period. Yearly aggregated loans and deposits by county are published 6 months after the reporting period.
Reporting to the BIS, Eurostat, the IMF and the OECD.
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 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. Important users other 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.
The statistics are based on the guidelines in the national accounts standards System of National Accounts from 2008 (SNA 2008), European System of Accounts from 2010 (ESA 2010) 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.
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 Norges Bank and from state lending institutions is obtained under the provisions of the Act concerning official statistics and Statistics Norway of 21 June 2019 no. 32 (the Statistics Act).
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
The financial statistics is based on balance sheet and profit and loss account data from Norges Bank, all banks, state lending institutions, mortgage companies and financial companies in Norway, including foreign companies' branches in Norway.
The data is based on reconciliated accounting data from financial institutions.
The accounting statistics are based on the total count.
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 Statistics Norway complete to process the data, 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.
- Statistical releases older than 3 April 2017
- Older tables for financial corporations, balance sheet, last updated April 2010
- Previous tables - Financial corporations, accounts, last updated 1st Quarter 2010
Amendments to the Accounting Act and regulations
The accounting statistics for 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 in the financial sector
There are several new companies, acquisitions, mergers, spin-offs, reclassifications and portfolio movements 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.
Regulation on loans
The IFRS-adapted regulation on loans was introduced 1. January 2005. Which led 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 was also a breach in the time series on loans in 1992 due to changes in accounting rules.
Changes in the presentation of the statistics
Data specifications are updated continuously. An example of changes in data series is that Credit lines secured on dwellings became a new specification from January 2006 and was partly deducted from repayment loans secured on dwellings.
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, several new mortgage companies have been established. As a result, lending portfolios have been swapped between banks and mortgage companies.
New specification on industries
In May 2009, a new Norwegian standard for industries were introduced in the financial statistics. This change increased the possibilities to track the development in loans for important individual industries. It also led to breaches in time series for loans by industry. This makes comparison of loans by industry difficult in the period before and after May 2009 on monthly basis, and before and after May 2010 on yearly basis for several industries.
New institutional grouping of sectors
From January 2012, a new Norwegian standard for institutional grouping of sectors were made in line with revised international standards, which Norway is obliged to follow. From March 2012 onwards, this led to breaches in the accounting statistics for banks and financial institutions.
Some companies that were classified as non-financial institutions are now classified as financial institutions. Loan to these institutions should no longer be allocated between different industries and are no longer included in the statistics for loans by industry. The industry for professional and financial services is particularly affected, since many of the institutions that were included earlier, have been moved from non-financial institutions to financial institutions.
New specifications of deposits
As of April 2015, new deposit specifications were introduced in the balance sheet reporting. Some deposit series from the periods prior to April 2015 are therefore not comparable with later periods. See this article for more information: https://www.ssb.no/bank-og-finansmarked/artikler-og-publikasjoner/pengemengdestatistikken
Customisation of reporting from banks and finance companies (ORBOF) to international accounting standards (IFRS 9)
From January 2018 onwards, there has been completed a large restructuration of the reporting that is the basis for this statistic. This was an extensive restructuration and implied change of definitions in the reported data, which affected both the balance sheet and the profit and loss account. It also led to changes in the scope of some objects in the reporting. Due to the new reporting standard, there are breaches in some time series that makes it challenging to compare data before and after January 2018. See this article for more information: https://www.ssb.no/bank-og-finansmarked/omlegging-av-bankstatistikken
Errors and discrepancies can occur in the accounting data. These discrepancies can have a several 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 preceding publishing. Large and important revision however, will be commented upon in the publishing of today's statistics.
The statistics show preliminary figures. Data may be revised in future publications.