328706
/en/bank-og-finansmarked/statistikker/banker/maanedsbalanse
328706
statistikk
2018-02-06T08:00:00.000Z
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

Monthly balance sheet for January 2018 is delayed until June due to a large change of the statistics.

Updated

Next update

Key figures

9.1 %

twelve-month change in stock, home savings scheme for young people December 2017

Balance sheet. Selected figures. NOK million and per cent
December 2016December 2017Percentage change
Banks
Mortgages to households1 157 7831 206 1104.2
Loans to manufacturing industry58 26667 98916.7
Home savings scheme for young people45 82749 9779.1
Mortgage companies
Mortgages to households1 273 8951 393 7159.4
Loans to manufacturing industry9301 07315.4
Finance companies
Loans to manufacturing industry6 9466 378-8.2
State lending institutions
Mortgages to households60 30658 538-2.9
Loans to manufacturing industry1 6591 88913.9

See more tables on this subject

Table 1 
Deposits by sector and type of deposit. NOK million

Deposits by sector and type of deposit. NOK million
September 2017October 2017November 2017December 2017
Total deposits3 573 4483 688 1363 615 1033 576 086
Non-financial corporations727 692758 767739 583730 221
Financial corporations175 054205 663207 080175 575
General government162 858149 918143 913144 642
Non-profit institutions serving households63 92764 42563 04565 041
Households1 191 9191 190 5981 185 5981 201 435
¬ Employees1 142 3041 141 0341 136 3591 152 251
Rest of the world1 251 9211 318 6901 275 8221 259 144
Changes in exchange rates, prices and value77756228
 
Transaction deposits2 333 1492 384 9382 341 3392 284 080
Non-financial corporations610 659635 739634 294618 516
Financial corporations132 179148 757148 264137 767
General government140 472120 513120 817117 743
Non-profit institutions serving households53 22653 19352 67454 341
Households1 030 2551 027 0121 022 7481 034 779
¬ Employees984 714981 626977 626989 790
Rest of the world366 359399 725362 542320 934
 
Deposits with agreed maturity up to one month437 048491 519448 064484 671
Non-financial corporations13 46213 11715 93217 525
Financial corporations5 4669 1235 8496 623
General government5 0005 4135 3545 337
Non-profit institutions serving households1 3771 3621 0181 043
Households21 48621 75921 50421 818
¬ Employees20 81121 08220 82221 160
Rest of the world390 257440 744398 407432 324
 
Tax deduction accounts26 86848 04424 16841 420
Non-financial corporations15 71428 33913 26325 507
Financial corporations1 7693 1461 7192 250
General government8 03014 3337 89311 684
Non-profit institutions serving households9781 6859431 474
Households310446292421
¬ Employees70986689
Rest of the world68955885
 
Deposits related to pension schemes1 0201 0781 0871 116
Non-financial corporations24242222
Financial corporations5555
General government........
Non-profit institutions serving households0000
Households9851 0421 0531 081
¬ Employees9169739831 008
Rest of the world6668
 
Deposits with yield based on stock exchange yield374439433445
Non-financial corporations281307261275
Financial corporations19262320
General government23242223
Non-profit institutions serving households15133235
Households36699391
¬ Employees35649190
Rest of the world0000
 
Home savings scheme for young people47 81247 80348 06850 400
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households47 47047 45247 66549 977
¬ Employees47 11147 09247 30449 597
Rest of the world342351403423
 
Deposits on other terms727 099714 240751 884713 927
Non-financial corporations87 55281 24175 81168 376
Financial corporations35 61644 60751 22028 910
General government9 3329 6369 8289 855
Non-profit institutions serving households8 3318 1718 3768 149
Households91 37892 81792 24393 268
¬ Employees88 64890 09989 46890 517
Rest of the world494 890477 768514 406505 369

Table 2 
Deposits by industry. NOK million

Deposits by industry. NOK million
September 2017October 2017November 2017December 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries841 145872 661851 761844 352
 
Agriculture17 33517 38316 57516 369
Forestry1 8021 8761 9041 871
Fishing and hunting9 66310 59410 73210 982
Fish farming services14 00214 57713 57413 433
Mining and quarrying17 0908 8878 4039 013
Services linked to extraction of crude petroleum and natural gas13 7234 1004 2483 770
Extraction of crude petroleum and natural gas45 32441 47739 66326 596
Manufacturing industry56 00154 43252 04959 135
Ship and boat building5 2625 5135 4386 275
Electricity and water supply32 08036 39032 43935 587
Water supply, drainage and waste disposal3 6084 1654 3294 141
Real estate development17 42318 43418 32518 470
Building and construction work beyond real estate development39 85343 88042 19545 578
Commodity trade etc71 13471 44572 31775 441
Sea transport abroad and transport via pipelines122 87624 46026 12424 155
Transportation and storage154 68355 74950 54351 123
Hotels and restaurants8 0918 0487 6978 042
Information and communication35 73440 81836 31936 164
Real estate, renting and business activities152 300162 513165 155151 454
Professional and financial services114 659113 368113 860114 281
Businesslike services29 19132 74732 08931 851
Other service activities99 313101 80197 785100 622

Table 3 
Banks. Loans by sector and type. NOK million

Banks. Loans by sector and type. NOK million
September 2017October 2017November 2017December 2017
Total loans3 387 2393 381 6863 394 2643 485 121
Non-financial corporations1 149 3561 151 6701 156 6791 172 151
Financial corporations371 481371 795351 476381 756
General government17 62218 52118 07120 169
Non-profit institutions serving households13 83113 68913 69313 348
Households1 430 3761 434 9781 451 9851 435 861
¬ Employees1 314 4991 317 0451 333 9871 318 515
Rest of the world415 581402 104413 456471 963
Changes in exchange rates, prices and value-11 009-11 071-11 096-10 127
 
Credit lines, secured on dwellings175 106177 738180 030176 661
Non-financial corporations744735764789
Financial corporations10101111
General government0....0
Non-profit institutions serving households20181922
Households173 797176 433178 662175 278
¬ Employees166 399169 021171 195167 739
Rest of the world535541575561
 
Repayment loans secured on dwellings1 119 1051 113 1631 129 7221 120 325
Non-financial corporations80 82581 54082 64483 805
Financial corporations651616602613
General government119128128127
Non-profit institutions serving households1 9171 9351 9771 939
Households1 032 8401 026 1471 041 3401 030 832
¬ Employees967 847964 811979 423964 305
Rest of the world2 7542 7983 0333 008
 
Other repayment loans1 767 2331 757 1311 745 2871 854 789
Non-financial corporations894 460894 494897 585914 657
Financial corporations310 829304 132280 356312 511
General government16 60317 74117 11919 357
Non-profit institutions serving households10 2089 9339 8579 778
Households156 176164 059163 665160 557
¬ Employees118 709120 961121 128123 400
Rest of the world378 958366 772376 706437 929
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)260 728266 617272 653269 213
Non-financial corporations108 402107 872109 111109 238
Financial corporations59 96967 01870 49368 614
General government898650824683
Non-profit institutions serving households257539353462
Households57 89058 56958 76259 769
¬ Employees53 36054 04754 06354 893
Rest of the world33 31231 96833 11030 446
 
House building loans and other building loans76 07578 10877 66774 261
Non-financial corporations64 92667 02966 57463 661
Financial corporations2118167
General government2222
Non-profit institutions serving households1 4301 2641 4871 146
Households9 6749 7699 5569 425
¬ Employees8 1848 2058 1798 179
Rest of the world22263319

Table 4 
Finance companies. Loans by sector and type. NOK million

Finance companies. Loans by sector and type. NOK million
September 2017October 2017November 2017December 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans1166 192168 176170 567170 554
 
Overdraft, working capital facility and consumer credit (incl. Discount credit)27 31228 53628 55928 163
Non-financial corporations9 84610 18010 54610 530
Financial corporations991021
General government6666
Non-profit institutions serving households2222
Households15 10415 41515 59315 350
Of which employees etc.14 91815 24315 40315 165
Rest of the world2 3462 9242 4022 255
 
Other repayment loans68 86968 97970 38869 806
Non-financial corporations16 47217 51817 37017 170
Financial corporations6544
General government572571572586
Non-profit institutions serving households16161716
Households37 13237 06437 82238 677
Of which employees etc.35 73535 62436 48637 163
Rest of the world14 67113 80514 60313 353
 
Leasing70 78471 22072 19073 378
Non-financial corporations48 00848 02448 34149 036
Financial corporations122120123135
General government1 4461 4521 4701 308
Non-profit institutions serving households252251250209
Households20 92221 34021 97522 658
Of which employees etc.15 76316 15716 99017 396
Rest of the world34323233
 
Changes in exchange rate, prices and value-773-558-569-792

Table 5 
Mortgage companies. Loans by sector and type. NOK million

Mortgage companies. Loans by sector and type. NOK million
September 2017October 2017November 2017December 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans11 726 9021 747 1921 747 5051 789 913
 
Credit lines, secured on dwellings315 834314 773315 304317 672
Non-financial corporations........
Financial corporations........
General government........
Non-profit institutions serving households........
Households315 174314 091314 609316 961
Of which employees etc.311 858310 773311 263313 614
Rest of the world659682695711
 
Repayment loans secured on dwellings1 055 0621 069 5491 072 0481 091 578
Non-financial corporations11 53811 66011 87811 653
Financial corporations277327328343
General government........
Non-profit institutions serving households159158115110
Households1 040 6601 054 9511 057 0291 076 754
Of which employees etc.979 830993 259995 1621 015 004
Rest of the world2 4292 4552 6972 718
 
Other repayment loans (incl. Leasing)355 129361 711358 707379 561
Non-financial corporations92 37792 35592 18289 478
Financial corporations13 54516 23612 15132 374
General government232 091235 240236 210239 928
Non-profit institutions serving households1 7471 6861 6891 534
Households7 1757 8637 9848 010
Of which employees etc.2 3852 6532 7292 785
Rest of the world8 1948 3318 4918 236
 
Changes in exchange rate, prices and value8761 1591 4461 102

Table 6 
State lending institutions. Loans by sector and type. NOK million

State lending institutions. Loans by sector and type. NOK million
September 2017October 2017November 2017December 2017
1The table includes only the most important loan types for each type of financial institution, the sum of the different loan types may therefore deviate from sum of total loans
Total loans1340 219340 900336 390337 688
 
Repayment loans secured on dwellings90 26990 21090 28290 979
Non-financial corporations22 85923 01123 16423 265
Financial corporations42424242
General government........
Non-profit institutions serving households8 6568 6198 5679 135
Households58 71358 53858 50958 538
Of which employees etc.27 78027 73427 71027 845
Rest of the world........
 
Other repayment loans250 177250 917246 335246 936
Non-financial corporations12 46612 48112 50413 012
Financial corporations838828828747
General government58 66658 33558 08356 883
Non-profit institutions serving households3333
Households175 346176 394172 045173 467
Of which employees etc.171 160172 196167 833169 256
Rest of the world2 8572 8742 8712 824
 
Changes in exchange rate, prices and value-227-227-227-227

Table 7 
Banks. Loans by industry. NOK million

Banks. Loans by industry. NOK million
September 2017October 2017November 2017December 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries1 279 0621 283 2871 288 3631 302 841
 
Agriculture45 66348 19047 98647 278
Forestry2 9312 9463 0083 005
Fishing and hunting27 81727 96127 24627 637
Fish farming services17 07017 28818 92718 685
Mining and quarrying111 99411 95912 08212 502
Services linked to extraction of crude petroleum and natural gas14 5954 6984 7144 599
Extraction of crude petroleum and natural gas7 3268 6865 44516 022
Manufacturing industry69 99969 06368 66267 989
Ship and boat building8 2758 4408 9538 413
Electricity and water supply38 87338 92239 53039 818
Water supply, drainage and waste disposal4 4814 6063 3263 253
Real estate development98 35899 31599 51899 802
Building and construction work beyond real estate development43 39043 75043 84743 351
Commodity trade etc64 63565 47965 19162 915
Sea transport abroad and transport via pipelines156 41759 32160 16859 678
Transportation and storage168 50166 94066 78966 000
Hotels and restaurants13 85813 90414 09014 328
Information and communication19 71920 36519 46818 237
Real estate, renting and business activities544 588543 483548 305550 245
Professional and financial services56 00953 16153 39762 189
Businesslike services31 95632 25234 02333 479
Other service activities42 60942 55743 69043 414

Table 8 
Finance companies. Loans by industry. NOK million

Finance companies. Loans by industry. NOK million
September 2017October 2017November 2017December 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries80 43181 92682 15283 157
 
Agriculture3 3673 4113 4023 466
Forestry1 1861 1891 1901 193
Fishing and hunting100949595
Fish farming services2 0772 0272 0712 029
Mining and quarrying11 4101 4081 4131 739
Services linked to extraction of crude petroleum and natural gas11 8112 9902 8892 779
Extraction of crude petroleum and natural gas743747548702
Manufacturing industry6 8276 4556 1916 378
Ship and boat building183177184184
Electricity and water supply146146146144
Water supply, drainage and waste disposal1 2991 2871 2691 247
Real estate development325322329331
Building and construction work beyond real estate development13 51813 65113 71614 289
Commodity trade etc9 80310 29610 4949 789
Sea transport abroad and transport via pipelines17 7017 8747 9648 075
Transportation and storage112 06112 11912 00412 096
Hotels and restaurants914906908931
Information and communication2 4812 3932 6442 711
Real estate, renting and business activities1 4321 4281 4401 442
Professional and financial services2 0432 0522 0602 098
Businesslike services7 7667 6777 7868 007
Other service activities3 2383 2763 4103 433

Table 9 
Mortgage companies. Loans by industry. NOK million

Mortgage companies. Loans by industry. NOK million
September 2017October 2017November 2017December 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries174 757176 079176 333173 097
 
Agriculture1 9632 0222 1062 128
Forestry225229228223
Fishing and hunting386364367362
Fish farming services447467466462
Mining and quarrying168697878
Services linked to extraction of crude petroleum and natural gas1274268269267
Extraction of crude petroleum and natural gas1111
Manufacturing industry1 0261 0521 0531 073
Ship and boat building50494755
Electricity and water supply2 4402 4562 460738
Water supply, drainage and waste disposal3 0643 1033 0954 790
Real estate development6 4936 4336 3463 391
Building and construction work beyond real estate development4 2284 2574 2804 224
Commodity trade etc2 0192 0402 0572 086
Sea transport abroad and transport via pipelines16 4506 4196 1466 080
Transportation and storage136 32035 89035 92935 714
Hotels and restaurants778808814819
Information and communication515523728730
Real estate, renting and business activities91 00992 57392 63493 281
Professional and financial services4 7814 7974 8113 698
Businesslike services3 2223 2843 3186 429
Other service activities8 9978 9749 1016 468

Table 10 
State lending institutions. Loans by industry. NOK million

State lending institutions. Loans by industry. NOK million
September 2017October 2017November 2017December 2017
1Due to the main revision of the national accounts in 2014 there is a new definition of Mainland-Norway. Parts of the industry of ‘Services linked to extraction of crude petroleum and natural gas’ will now be classified under the industry of ‘Mining and quarrying’, also a part of the industry of ‘Sea transport abroad’ and ‘Transport via pipelines’ will now be classified under the industry of ‘Transportation and storage’. The shift will basically occur in the period from October to December 2014.
All industries79 10379 11879 25080 319
 
Agriculture4 5614 5784 5834 580
Forestry94898787
Fishing and hunting6 0175 9966 0026 121
Fish farming services305343343349
Mining and quarrying17766
Services linked to extraction of crude petroleum and natural gas124242424
Extraction of crude petroleum and natural gas........
Manufacturing industry1 8361 8321 8391 889
Ship and boat building302299297332
Electricity and water supply147144142146
Water supply, drainage and waste disposal4443
Real estate development1 6401 6631 6741 681
Building and construction work beyond real estate development477476503539
Commodity trade etc161170174201
Sea transport abroad and transport via pipelines1244244258254
Transportation and storage1498497488480
Hotels and restaurants1 0941 0831 0801 078
Information and communication355365374482
Real estate, renting and business activities43 31343 26043 26243 213
Professional and financial services1 0801 0971 1031 211
Businesslike services153160161161
Other service activities16 79116 78616 84717 482

Table 11 
Banks. Balance sheet. NOK million

Banks. Balance sheet. NOK million
September 2017October 2017November 2017December 2017
Assets
Notes and divisionary coin272 528367 371299 482209 247
Loans to and claims on financial institutions801 873831 084825 019869 085
Loans to and claims on customers2 871 3812 884 3952 912 5702 902 308
Certificates and bonds563 683577 613582 503613 278
Shares, equity capital certificate e.g.197 645202 047204 001204 322
Financial derivatives233 516243 451254 983235 769
Intangible assets9 7269 7249 8619 828
Durable operating equipment10 79910 83510 82710 804
Other assets97 73594 05388 30689 494
Total assets5 058 8865 220 5735 187 5525 144 136
 
Liabilities
Deposits from financial institutions1 140 5881 213 4261 170 5721 137 075
Deposits from customers2 432 8602 474 7102 444 5322 439 012
Certificate and bond debt620 587630 855631 798646 680
Other loans61 17260 95596 21596 812
Financial derivatives241 519260 421274 145255 472
Other liabilities106 282118 164101 74396 494
Subordinated loan capital58 13258 66060 20557 346
Total liabilities4 661 1404 817 1934 779 2094 728 892
 
Equity
Share and owner share capital68 83468 99369 10769 585
Other paid in equity (share premium account etc.)66 90466 99067 68468 368
Earned equity capital231 024230 815231 000231 379
Undistributed profit30 98436 58340 55245 913
Total equity397 746403 380408 343415 245
 
Total liabilities and equity5 058 8865 220 5735 187 5525 144 136

Table 12 
Finance companies. Balance sheet. NOK million

Finance companies. Balance sheet. NOK million
September 2017October 2017November 2017December 2017
Assets
Notes and divisionary coin89....76
Loans to and claims on financial institutions4 145....4 971
Loans to and claims on customers166 018....170 373
Certificates and bonds738....525
Shares, equity capital certificate e.g.63....64
Financial derivatives298....480
Intangible assets778....707
Durable operating equipment424....411
Other assets8 632....9 711
Total assets181 185....187 318
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt........
Other loans141 127....145 135
Financial derivatives6....5
Other liabilities14 986....15 520
Subordinated loan capital1 986....1 986
Total liabilities158 104....162 646
 
Equity
Share and owner share capital4 792....4 853
Other paid in equity (share premium account etc.)4 557....4 922
Earned equity capital11 395....11 780
Undistributed profit2 337....3 117
Total equity23 080....24 672
 
Total liabilities and equity181 185....187 318

Table 13 
Mortgage companies. Balance sheet. NOK million

Mortgage companies. Balance sheet. NOK million
September 2017October 2017November 2017December 2017
Assets
Notes and divisionary coin0000
Loans to and claims on financial institutions49 83756 22354 87458 548
Loans to and claims on customers1 713 3631 730 9631 735 3611 757 560
Certificates and bonds194 655196 158204 271203 385
Shares, equity capital certificate e.g.147147422115
Financial derivatives100 683114 767130 771120 794
Intangible assets649640628533
Durable operating equipment21212121
Other assets13 3258 48410 0777 149
Total assets2 072 6792 107 4032 136 4242 148 105
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt1 508 3421 529 1641 573 8611 551 546
Other loans355 962372 950353 898387 421
Financial derivatives40 51438 89440 29339 476
Other liabilities26 79822 33823 49924 445
Subordinated loan capital12 14212 15912 17812 169
Total liabilities1 943 7581 975 5042 003 7292 015 056
 
Equity
Share and owner share capital36 96337 76238 78739 006
Other paid in equity (share premium account etc.)57 26558 19957 32857 451
Earned equity capital31 25431 25731 14331 006
Undistributed profit3 4384 6815 4385 586
Total equity128 921131 898132 695133 048
 
Total liabilities and equity2 072 6792 107 4032 136 4242 148 105

Table 14 
State lending institutions. Balance sheet. NOK million

State lending institutions. Balance sheet. NOK million
September 2017October 2017November 2017December 2017
Assets
Notes and divisionary coin4 2564 3724 2354 142
Loans to and claims on financial institutions9899531 0301 090
Loans to and claims on customers340 219340 900336 390337 688
Certificates and bonds........
Shares, equity capital certificate e.g.180194213205
Financial derivatives........
Intangible assets35384146
Durable operating equipment28282728
Other assets2 7042 7048 0113 364
Total assets348 411349 188349 948346 564
 
Liabilities
Deposits from financial institutions........
Deposits from customers........
Certificate and bond debt........
Other loans339 004339 605335 147336 080
Financial derivatives........
Other liabilities5 5745 59210 7876 763
Subordinated loan capital........
Total liabilities344 578345 196345 934342 843
 
Equity
Share and owner share capital1 5551 5551 5551 555
Other paid in equity (share premium account etc.)........
Earned equity capital2 2432 2262 2262 202
Undistributed profit35211233-36
Total equity3 8333 9924 0143 720
 
Total liabilities and equity348 411349 188349 948346 564

Table 15 
Banks. Stock of shares, participations and primary capital certificates by sector. NOK million

Banks. Stock of shares, participations and primary capital certificates by sector. NOK million
September 2017October 2017November 2017December 2017
Total stock198 334202 497204 451205 046
 
Non-financial corporations15 60316 39216 58616 522
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government212215202200
Public unincorporated enterprises, owned by local government........
Public incorporated enterprises, owned by local government28272724
Private non-financial incorporated enterprises15 29316 07416 28816 244
Private non-financial unincorporated enterprises71757053
Private non-profit institutions serving enterprises........
 
Financial corporations100 531102 399102 592102 973
Norges Bank........
Banks3 6193 8913 6293 854
Mortgage companies75 18176 17476 33476 417
Finance companies2 8733 7913 7914 035
State lending institutions etc.........
Financial holding companies3 9643 9913 9924 043
Mutual funds9 6299 7729 9829 366
Investment trusts and private equity funds1 2701 2691 3651 255
Other financial enterprises, except insurance companies and pension funds3 2993 0533 0413 272
Life insurance companies and pension funds689451456724
Non-life insurance companies7727
 
General government........
Central government........
Local government........
 
Non-profit institutions serving households........
Non-profit institutions serving households........
 
Households2222
Unincorporated enterprises within households1111
Private non-financial unincorporated enterprises inclusive housing cooperatives etc.........
Employees, recipients of property income, pensions and social contributions, students etc.........
Unspecified sector1111
 
Rest of the world82 91784 65386 30485 956
General government, abroad........
Banks and financial institutions, abroad68 82563 32964 43171 463
Non-financial corporations and households, abroad14 09221 32421 87314 493
 
Changes in exchange rates, prices and value-718-948-1 033-406

Table 16 
Banks. Stock of bonds and sertificates by sector. NOK million

Banks. Stock of bonds and sertificates by sector. NOK million
September 2017October 2017November 2017December 2017
Total stock563 683577 613582 503613 278
 
Non-financial corporations5 6356 7524 9443 964
Public unincorporated enterprises, owned by central government........
Public incorporated enterprises, owned by central government806739628445
Public unincorporated enterprises, owned by local government40404040
Public incorporated enterprises, owned by local government1 8661 3251 2581 136
Private non-financial incorporated enterprises2 9224 6473 0182 342
Private non-financial unincorporated enterprises........
Private non-profit institutions serving enterprises........
 
Financial corporations232 307236 568238 096236 186
Norges Bank........
Banks21 99620 73222 26818 513
Mortgage companies209 312214 846214 802216 596
Finance companies239235222325
State lending institutions etc.........
Financial holding companies139155212143
Mutual funds........
Investment trusts and private equity funds3333
Other financial enterprises, except insurance companies and pension funds59586175
Life insurance companies and pension funds553532521527
Non-life insurance companies6675
 
General government98 06197 85997 86092 851
Central government67 13267 46769 70265 063
Local government30 92930 39228 15827 788
 
Non-profit institutions serving households........
Non-profit institutions serving households........
 
Households........
Unincorporated enterprises within households........
Private non-financial unincorporated enterprises inclusive housing cooperatives etc.........
Employees, recipients of property income, pensions and social contributions, students etc.........
Unspecified sector........
 
Rest of the world226 643236 069241 388280 209
General government, abroad66 16979 26080 713118 734
Banks and financial institutions, abroad138 912134 317137 126138 508
Non-financial corporations and households, abroad21 56222 49223 54922 968
 
Changes in exchange rates, prices and value1 03636521667

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

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.

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.

 

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.

Debitor 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/

Debitor and creditor industry

Based on regulations in the industry standard, loans and deposits are grouped according to which industry the debitor 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 regulations for the national accounts. 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 Corporations

Regional level

The whole country

Frequency and timeliness

The statistics is published monthly, normally 5 weeks after the end of the month.

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.
The statistics production is done by Statistics Norway from 1. January 2007.

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. Other important users 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 1993 (SNA 1993), European System of Accounts from 1995 (ESA 1995) 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 The Central Bank of Norway (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, the mortgage companies and the finance companies in Norway, including foreign companies' branches in Norway. Consolidated data is also available, but is not used for national statistics purposes.

Data sources and sampling

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

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 data processing in Statistics Norway, 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 the 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 the 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.

Portfolio movements
The introduction of IFRS, the regulation on loans and the structural changes mentioned, has lead to portfolio movements. Following the covered bonds legislation in Norway from 2008 on loan portfolios have been moved from banks to mortgage companies. This gives breaches in the time series and needs to be taken into consideration when interpreting the data.

Accuracy and reliability

Sources of error and uncertainty

Errors and discrepancies can occur in the accounting data. These discrepancies can have a number of 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 preceeding 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.

Contact