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54260
Increase in deposits higher than 2 million
statistikk
2011-06-10T10:00:00.000Z
Banking and financial markets
en
orbofbm, Financial corporations, balance sheet, banks, mortgage companies, finance companies, state lending institutions, loans, deposits, financing, mortgages, bonds, commercial papers, shares, ownership interest, assets, liabilities, foreign banks, borrowers, balancesFinancial institutions and other financial corporations, Banking and financial markets
false

Financial corporations, balance sheetApril 2011

As from 2016 the statistics is published with Banks and mortgage companies.

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Increase in deposits higher than 2 million

At the end of the 1st quarter of 2011, the number of bank deposits exceeding NOK 2 million by employees in Norway was 34 400. These deposits amounted to 16 per cent of all deposits by employees.

At the end of the 1st quarter, deposits by employees of NOK 2 million or less totalled NOK 603 billion. This means that 84 per cent of deposits by employees were covered by the Norwegian Banks’ Guarantee Fund. A total of 99.5 per cent of the depositors were covered if we look at the number of depositors. The share of deposits higher than NOK 2 million has increased in the last three quarters, and is now at the same level as in 2008. The figures show that 102 557 employees had deposits between NOK 1 and 2 million. These deposits amounted to NOK 140 billion.

Deposits from Norwegian employees. Number of deposits in different intervals. Q1 2006-Q1 2011.

Twelve-month growth in deposits from Norwegian employees. April 2007-April 2011.

Increase in the twelve-month growth

The twelve-month growth in deposits from employees was 6.6 per cent at end-April 2011. This is the highest twelve-month growth for this figure since September 2009. Deposits on accounts concerning home savings schemes for young people, transactions and other deposits have increased by NOK 3, 10 and 38 billion respectively in the last year. In the same period, deposits with yield based on the stock exchange have decreased by NOK 6 billion. Hence, total deposits from employees have increased by NOK 46 billion since April 2010.

NOK 108 000 on average

Norwegian employees had a total of NOK 718 billion in Norwegian banks at the end of the first quarter this year. This means that every depositor had a deposit equal to NOK 108 000 on average. The corresponding figure five years ago was NOK 84 000.

Deposits from Norwegian employees. Different intervals according to size of amount outstanding. Share of total. Q1 2011

Deposits from Norwegian employees. Different intervals according to size of amount outstanding. Q1 2006-Q1 2011. NOK million and number of depositors
 
  Amount (NOK mill.) Number of depositors
  0-500' 500'-1 mill. 1-2 mill. 2-20 mill. >20 mill. 0-500' 500'-1 mill. 1-2 mill. 2-20 mill. >20 mill.
 
2006                    
Q1    260 783 98 877 71 569 60 265 11 866        5 780 846  147 022 54 272 17 808  157
Q2  288 609  103 598 76 448 62 772 9 288 5 835 148  152 136 57 288 12 673  161
Q3  276 520  104 761 78 820 64 970 6 643 5 833 489  152 570 58 592 19 010  153
Q4  275 576  106 636 80 120 66 688 6 994 5 871 163  156 160 59 574 19 613  161
2007                    
Q1  276 771  109 400 83 618 71 188 7 770 5 888 226  160 120 62 125 21 002  190
Q2  302 723  113 606 87 331 74 521 11 401 5 958 821  167 365 64 891 21 956  197
Q3  290 107  114 675 90 153 77 473 8 933 5 955 074  167 464 66 708 22 796  208
Q4  286 924  117 859 94 884 83 392 7 712 6 554 015  172 738 70 514 24 661  210
2008                    
Q1  282 402  120 521 99 634 88 839 10 589 6 026 647  176 301 73 818 25 923  234
Q2  323 868  118 424 98 551 86 052 11 401 7 177 068  174 922 73 928 25 190  210
Q3  302 390  120 347  104 104 85 707 10 358 7 144 322  176 535 76 865 25 547  215
Q4  307 001  126 581  122 461 84 904 9 092 7 032 414  185 828 88 952 28 478  200
2009                    
Q1  306 234  128 972  124 789 84 779 8 599 7 169 051  187 565 90 633 27 963  190
Q2  327 566  138 024  129 456 88 083 8 580 6 131 234  200 242 94 135 28 902  176
Q3  308 234  137 761  128 257 87 636 8 442 6 213 622  200 578 94 387 28 856  168
Q4  307 447  138 564  127 800 90 562 9 197 6 253 667  202 345 93 864 30 072  172
2010                    
Q1  304 745  139 905  130 158 92 423 7 701 6 251 829  203 455 95 440 30 493  179
Q2  334 652  145 296  134 002 94 094 7 627 6 319 615  211 928 97 997 30 966  182
Q3  315 191  145 615  135 913 96 430 7 991 6 318 820  212 537 99 605 31 598  194
Q4  316 536  146 549  136 007  101 770 9 246 6 302 013  211 150 99 701 33 251  198
2011                    
Q1  314 113  148 785  139 934  105 372 8 835 6 305 634  213 393  102 557 34 189  205
 

Transaction or working accounts

Deposits in working accounts are deposits that can be used for direct transactions without generating any additional costs beyond ordinary transaction costs.

 

Other deposits

Other deposits include deposits on accounts that cannot be used for direct transactions without generating any additional costs beyond ordinary transaction costs, or accounts with restrictions on direct transactions.

 

Tables

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