168448_not-searchable
/en/bank-og-finansmarked/statistikker/orbofbm/maaned
168448
Reduced growth in housing loans
statistikk
2014-08-14T10:00:00.000Z
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 sheet, June 2014

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

Content

Published:

This is an archived release.

Go to latest release

Reduced growth in housing loans

During the past twelve months to the end of June 2014, loans secured on dwellings from financial companies to households grew by 6.6 per cent. This is an increase in the twelve-month growth rate of 0.1 percentage points compared to the previous month.

Balance sheet. Selected figures. NOK million and per centPublished 14 August 2014
June 2013June 2014June 2013 - June 2014
Banks
Bank total assets4 019 8204 308 9887.2
Deposits2 749 0322 936 7706.8
Loans2 890 3373 166 4629.6
Mortgage companies
Bank total assets1 726 6961 815 5755
Loans1 496 6001 500 4530.3

Source: Statistics Norway

Loans secured on dwellings from Norwegian financial corporations to Norwegian households amounted to NOK 2 114 billion by the end of June. This is an increase of NOK 131 billion compared to the end of June 2013. A total of 84.4 per cent of households’ total loans from financial corporations were secured on dwellings at end-June this year.

Reduced growth in repayment loans

Households’ housing loans consist of repayment loans secured on dwellings and credit lines secured on dwellings . By the end of June, the households’ housing loans from Norwegian financial corporations amounted to NOK 1666 billion. This is an increase of 9.1 per cent compared to the end of June 2013.

Credit lines secured on dwellings from Norwegian banks and mortgage companies to households amounted to NOK 447 billion by the end of June 2014. This is a decrease of 1.8 per cent compared to the end of June 2013. During the last thirteen months there has been a negative twelve-month growth in the credit lines secured on dwellings in banks and mortgage companies.

Weaker growth in housing loans from banks and state lending institutions

At the end of June, housing loans from mortgage companies to households constituted 50.8 per cent of total housing loans to households. In the same period, housing loans from banks and state lending institutions constituted 46.3 and 2.9 per cent respectively of total housing loans to households.

At the end of June, the twelve-month growth rate in housing loans from banks and state lending institutions to households was 12.0 and 2.5 per cent respectively, down 0.4 percentage points compared to the previous twelve-month period. In the same period, the twelve-month growth rate in housing loans from mortgage companies was 2.3 per cent, unchanged from the previous month.