This is an archived release.
Steady growth in household deposits
Total deposits from Norwegian households in Norwegian banks was NOK 1 003 billion at the end of September, an increase of NOK 76 billion compared to end-September the previous year.
|September 2013||September 2014||September 2013 - September 2014|
|Bank total assets||4 057 873||4 266 674||5.1|
|Deposits||2 732 421||2 865 312||4.9|
|Loans||2 933 889||3 128 654||6.6|
|Bank total assets||1 731 299||1 808 721||4|
|Loans||1 494 433||1 500 023||0.4|
The twelve-month growth in household deposits was 8.2 per cent to end-September, down from 8.3 per cent to end-August. The twelve-month growth for household deposits has been stable at around 8 per cent in all periods since October 2013.
The employees have the largest share of the household deposits, which amounted to NOK 960 billion at the end of September. This is an increase of nearly NOK 71 billion, or 7.9 per cent, compared to end-September 2013.
The total deposits in Norwegian banks amounted to NOK 2 865 billion at the end of September. This is an increase of NOK 133 billion, or 4.9 per cent, compared to the same period the previous year. The largest depositors besides employees were banks and finance institutions abroad and private non-financial incorporated enterprises. Deposits from these two sectors amounted to NOK 758 billion and NOK 494 billion respectively.
The monthly volatility in deposits is relatively large. This is due to terms of payments of taxes and pay-out of holiday money.
The statistics is now published as Banks and mortgage companies.