340326
/en/bank-og-finansmarked/statistikker/banker/arlig-innskudd-og-utlan-per-fylke
340326
statistikk
2018-05-03T08:00:00.000Z
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

Updated

Next update

Key figures

- 7.9 %

annual growth in loans for petroleum and ocean transport in Rogaland, 2017

Banks and mortgage companies. Selected figures for deposits and loans by county. NOK million
20162017Percentage change
1Includes extraction of oil and natural gas, support activities for petroleum and natural gas extraction and sea transport abroad and transport via pipeline.
Deposits
Oslo, employees184 780196 4616.3
Rogaland, employees93 96697 1403.4
Sør-Trøndelag, employees61 09363 9784.7
Loans
Oslo, real estate218 093227 4914.3
Oslo, manufacturing industry10 27313 92435.5
Rogaland, real estate46 29543 979-5.0
Rogaland, petroleum activity and ocean transport119 47717 935-7.9
Sør-Trøndelag, real estate35 10740 55815.5
Sør-Trøndelag, agriculture2 8323 0026.0

See selected tables from this statistics

Table 1 
Banks. Deposits by depositor's county. NOK million

Banks. Deposits by depositor's county. NOK million
20162017
1Svalbard, Jan Mayen and the continental shelf
All counties2 186 9342 315 907
 
Østfold80 72485 370
Akershus250 970259 645
Oslo547 257581 673
Hedmark63 16570 432
Oppland60 98263 885
Buskerud98 577101 883
Vestfold73 63877 611
Telemark50 71753 692
Aust-Agder36 21139 296
Vest-Agder64 74665 786
Rogaland194 682213 101
Hordaland210 640217 407
Sogn og Fjordane45 48148 627
Møre og Romsdal102 178106 667
Sør-Trøndelag (-2017)112 336123 423
Nord-Trøndelag (-2017)40 43443 218
Nordland79 18784 093
Troms - Romsa53 88157 919
Finnmark - Finnmárku20 36321 431
Other1764745

Table 2 
Banks. Deposits by depositor's sector and county. NOK million

Banks. Deposits by depositor's sector and county. NOK million
20162017
All counties2 186 9342 315 907
 
Østfold80 72485 370
Non-financial corporations18 27919 594
Financial corporations2 4632 302
General government3 6604 367
Non-profit institutions serving households1 9261 987
Households54 39657 120
 
Akershus250 970259 645
Non-financial corporations81 98978 363
Financial corporations13 74817 655
General government12 12812 946
Non-profit institutions serving households4 1684 206
Households138 937146 475
 
Oslo547 257581 673
Non-financial corporations223 965241 628
Financial corporations83 01986 748
General government18 03021 673
Non-profit institutions serving households29 07726 625
Households193 165204 999
 
Hedmark63 16570 432
Non-financial corporations11 37112 649
Financial corporations9512 452
General government8 98610 362
Non-profit institutions serving households1 4921 865
Households40 36543 103
 
Oppland60 98263 885
Non-financial corporations11 43511 568
Financial corporations1 5951 786
General government4 3795 197
Non-profit institutions serving households1 7991 790
Households41 77443 545
 
Buskerud98 577101 883
Non-financial corporations25 29027 861
Financial corporations5 0333 204
General government5 9486 463
Non-profit institutions serving households2 5362 477
Households59 77061 878
 
Vestfold73 63877 611
Non-financial corporations16 62217 915
Financial corporations1 7711 819
General government4 9635 457
Non-profit institutions serving households1 7862 181
Households48 49550 240
 
Telemark50 71753 692
Non-financial corporations10 17810 419
Financial corporations1 5612 003
General government3 3434 077
Non-profit institutions serving households1 2661 233
Households34 37135 960
 
Aust-Agder36 21139 296
Non-financial corporations8 2289 599
Financial corporations1 7401 696
General government3 1343 349
Non-profit institutions serving households812812
Households22 29623 840
 
Vest-Agder64 74665 786
Non-financial corporations21 02319 956
Financial corporations1 5621 529
General government4 7195 235
Non-profit institutions serving households1 4261 461
Households36 01637 605
 
Rogaland194 682213 101
Non-financial corporations66 56679 553
Financial corporations12 54312 872
General government13 68015 932
Non-profit institutions serving households4 2263 784
Households97 667100 960
 
Hordaland210 640217 407
Non-financial corporations63 95865 593
Financial corporations21 72222 193
General government9 1109 726
Non-profit institutions serving households4 5494 887
Households111 302115 009
 
Sogn og Fjordane45 48148 627
Non-financial corporations11 82012 814
Financial corporations1 5641 962
General government3 5654 212
Non-profit institutions serving households9591 015
Households27 57428 625
 
Møre og Romsdal102 178106 667
Non-financial corporations33 37535 074
Financial corporations4 3254 620
General government6 3606 661
Non-profit institutions serving households1 6821 736
Households56 43658 577
 
Sør-Trøndelag (-2017)112 336123 423
Non-financial corporations31 96236 339
Financial corporations6 8479 222
General government5 9136 841
Non-profit institutions serving households3 4573 859
Households64 15667 163
 
Nord-Trøndelag (-2017)40 43443 218
Non-financial corporations8 3518 627
Financial corporations363575
General government5 4336 361
Non-profit institutions serving households1 0111 036
Households25 27726 619
 
Nordland79 18784 093
Non-financial corporations19 94121 218
Financial corporations1 6021 699
General government7 8528 605
Non-profit institutions serving households1 8751 855
Households47 91650 716
 
Troms - Romsa53 88157 919
Non-financial corporations15 11716 419
Financial corporations7481 437
General government3 7003 998
Non-profit institutions serving households1 4951 733
Households32 82134 332
 
Finnmark - Finnmárku20 36321 431
Non-financial corporations4 4494 635
Financial corporations128111
General government2 1732 562
Non-profit institutions serving households543480
Households13 06913 643
 
Other764745
Non-financial corporations429414
Financial corporations21
General government137171
Non-profit institutions serving households3320
Households164140

Table 3 
Banks. Loans by county. NOK million

Banks. Loans by county. NOK million
20162017
All counties2 817 4803 021 909
 
Østfold93 68896 698
Akershus244 192271 568
Oslo768 147852 616
Hedmark76 49783 246
Oppland58 83562 849
Buskerud110 824116 696
Vestfold86 55594 368
Telemark62 86166 546
Aust-Agder44 57147 593
Vest-Agder91 69195 470
Rogaland275 475276 113
Hordaland264 300276 785
Sogn og Fjordane53 35055 373
Møre og Romsdal156 917160 318
Sør-Trøndelag (-2017)172 056192 777
Nord-Trøndelag (-2017)55 78758 255
Nordland105 857113 360
Troms - Romsa71 47775 200
Finnmark - Finnmárku23 91925 702
Other480377

Table 4 
Mortgage companies. Loans by county. NOK million

Mortgage companies. Loans by county. NOK million
20162017
Total loans by county1 649 1151 777 145
 
Østfold73 10279 846
Akershus223 337243 790
Oslo296 894314 971
Hedmark45 05748 923
Oppland41 10943 518
Buskerud95 737101 209
Vestfold74 73879 489
Telemark37 95540 517
Aust-Agder31 13032 695
Vest-Agder51 07156 086
Rogaland153 783158 493
Hordaland183 557206 329
Sogn og Fjordane24 84729 859
Møre og Romsdal74 83177 094
Sør-Trøndelag (-2017)82 70688 948
Nord-Trøndelag (-2017)29 31431 669
Nordland64 52471 533
Troms43 73649 148
Finnmark21 46222 846
Other226181

Table 5 
Banks. Loans by sector and county. NOK million

Banks. Loans by sector and county. NOK million
20162017
All counties2 817 4803 021 909
 
Østfold93 68896 698
Non-financial corporations29 90430 133
Financial corporations7252
General government23461
Non-profit institutions serving households500399
Households62 97866 052
 
Akershus244 192271 568
Non-financial corporations87 480104 146
Financial corporations3 4423 796
General government72101
Non-profit institutions serving households655744
Households152 543162 781
 
Oslo768 147852 616
Non-financial corporations288 520321 972
Financial corporations276 124317 609
General government14 26218 213
Non-profit institutions serving households4 3334 109
Households184 909190 712
 
Hedmark76 49783 246
Non-financial corporations25 49727 412
Financial corporations5 5716 900
General government111112
Non-profit institutions serving households270250
Households45 04848 571
 
Oppland58 83562 849
Non-financial corporations17 27518 433
Financial corporations247457
General government6144
Non-profit institutions serving households244255
Households41 00843 660
 
Buskerud110 824116 696
Non-financial corporations42 55744 915
Financial corporations488499
General government2542
Non-profit institutions serving households429484
Households67 32470 757
 
Vestfold86 55594 368
Non-financial corporations28 09730 911
Financial corporations565660
General government2926
Non-profit institutions serving households446472
Households57 41862 300
 
Telemark62 86166 546
Non-financial corporations17 09418 335
Financial corporations4242
General government4856
Non-profit institutions serving households350331
Households45 32747 781
 
Aust-Agder44 57147 593
Non-financial corporations15 95517 233
Financial corporations5930
General government1514
Non-profit institutions serving households227302
Households28 31630 013
 
Vest-Agder91 69195 470
Non-financial corporations34 57034 789
Financial corporations2 2583 480
General government2634
Non-profit institutions serving households530535
Households54 30756 633
 
Rogaland275 475276 113
Non-financial corporations119 567119 359
Financial corporations7 038989
General government166235
Non-profit institutions serving households1 0961 080
Households147 607154 450
 
Hordaland264 300276 785
Non-financial corporations125 009132 494
Financial corporations10 08317 202
General government9462
Non-profit institutions serving households1 6751 858
Households127 440125 169
 
Sogn og Fjordane53 35055 373
Non-financial corporations20 97322 450
Financial corporations4 1165 062
General government8374
Non-profit institutions serving households185185
Households27 99327 602
 
Møre og Romsdal156 917160 318
Non-financial corporations79 24580 082
Financial corporations1 9872 304
General government7669
Non-profit institutions serving households492531
Households75 11677 332
 
Sør-Trøndelag (-2017)172 056192 777
Non-financial corporations58 19566 070
Financial corporations13 20817 120
General government338361
Non-profit institutions serving households1 109870
Households99 206108 356
 
Nord-Trøndelag (-2017)55 78758 255
Non-financial corporations15 41014 452
Financial corporations2425
General government14556
Non-profit institutions serving households211217
Households39 99843 505
 
Nordland105 857113 360
Non-financial corporations47 25950 626
Financial corporations56106
General government172530
Non-profit institutions serving households445505
Households57 92661 592
 
Troms71 47775 200
Non-financial corporations27 71528 490
Financial corporations4 0915 372
General government5730
Non-profit institutions serving households169165
Households39 44441 143
 
Finnmark23 91925 702
Non-financial corporations8 8789 625
Financial corporations4668
General government4931
Non-profit institutions serving households5356
Households14 89315 922
 
Other480377
Non-financial corporations325245
Financial corporations....
General government..18
Non-profit institutions serving households....
Households155114

Table 6 
Mortgage companies. Loans by sector and county. NOK million

Mortgage companies. Loans by sector and county. NOK million
20162017
All counties1 649 1151 777 145
 
Østfold73 10279 846
Non-financial corporations1 1871 402
Financial corporations325425
General government10 77110 855
Non-profit institutions serving households55
Households60 81467 159
 
Akershus223 337243 790
Non-financial corporations7 0456 558
Financial corporations221152
General government23 90223 875
Non-profit institutions serving households178213
Households191 992212 992
 
Oslo296 894314 971
Non-financial corporations25 51418 396
Financial corporations27 14926 480
General government5 6626 290
Non-profit institutions serving households1 246666
Households237 323263 139
 
Hedmark45 05748 923
Non-financial corporations1 8591 852
Financial corporations550550
General government11 72613 171
Non-profit institutions serving households4138
Households30 88133 312
 
Oppland41 10943 518
Non-financial corporations773719
Financial corporations5555
General government8 2138 864
Non-profit institutions serving households33
Households32 06533 878
 
Buskerud95 737101 209
Non-financial corporations22 26521 208
Financial corporations102102
General government11 57311 717
Non-profit institutions serving households1320
Households61 78468 161
 
Vestfold74 73879 489
Non-financial corporations2 1722 175
Financial corporations300150
General government9 39310 365
Non-profit institutions serving households011
Households62 87366 789
 
Telemark37 95540 517
Non-financial corporations1 2531 290
Financial corporations300375
General government8 7588 643
Non-profit institutions serving households77
Households27 63730 202
 
Aust-Agder31 13032 695
Non-financial corporations338413
Financial corporations770690
General government6 2516 659
Non-profit institutions serving households1523
Households23 75724 910
 
Vest-Agder51 07156 086
Non-financial corporations3 2893 454
Financial corporations175150
General government9 94911 784
Non-profit institutions serving households5045
Households37 60740 653
 
Rogaland153 783158 493
Non-financial corporations6 2725 796
Financial corporations786750
General government20 42321 229
Non-profit institutions serving households145156
Households126 158130 562
 
Hordaland183 557206 329
Non-financial corporations20 18819 455
Financial corporations599458
General government19 44922 882
Non-profit institutions serving households207186
Households143 115163 348
 
Sogn og Fjordane24 84729 859
Non-financial corporations1 2191 436
Financial corporations215330
General government8 6759 953
Non-profit institutions serving households44
Households14 73518 136
 
Møre og Romsdal74 83177 094
Non-financial corporations9 6598 044
Financial corporations710635
General government13 53613 113
Non-profit institutions serving households10199
Households50 82455 203
 
Sør-Trøndelag (-2017)82 70688 948
Non-financial corporations3 0032 973
Financial corporations1 015980
General government12 17613 236
Non-profit institutions serving households146144
Households66 36671 615
 
Nord-Trøndelag (-2017)29 31431 669
Non-financial corporations1 1261 280
Financial corporations155155
General government8 71710 450
Non-profit institutions serving households66
Households19 30919 778
 
Nordland64 52471 533
Non-financial corporations1 8042 203
Financial corporations250278
General government17 26319 387
Non-profit institutions serving households66
Households45 20249 659
 
Troms - Romsa43 73649 148
Non-financial corporations2 0981 996
Financial corporations..1
General government9 3779 618
Non-profit institutions serving households1414
Households32 24737 519
 
Finnmark - Finnmárku21 46222 846
Non-financial corporations516483
Financial corporations....
General government7 0717 670
Non-profit institutions serving households....
Households13 87514 693
 
Other226181
Non-financial corporations....
Financial corporations....
General government166166
Non-profit institutions serving households....
Households6015

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, 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.

 

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.

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 insttitutions;

http://www.ssb.no/a/innrapportering/orbof/

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 insttitutions;

http://www.ssb.no/a/innrapportering/orbof/

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.

Administrative information

Name and topic

Name: Banks and mortgage companies
Topic: Banking and financial markets

Next release

Responsible division

Division for Financial Markets Statistics

Regional level

The whole country

Frequency and timeliness

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.

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.

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. 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.

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 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.

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 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, mortgage companies and financial companies in Norway, including foreign companies' branches in Norway.

Data sources and sampling

The data is based on reconciliated accounting data from financial institutions.

The accounting statistics are based on the 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 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.

Seasonal adjustment

Not relevant

Confidentiality

Not relevant

Comparability over time and space

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 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 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.

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 are affected in particular, since many of the institutions that were included earlier, have been moved from non-financial institutions to financial institutions.

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.

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.

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 creates the basis for the statistics. This implied an extensive restructuration and by definition a change in 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

Accuracy and reliability

Sources of error and uncertainty

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.

Revision

The statistics show preliminary figures. Data may be revised in future publications.