Deposits ratio increases
Banking and financial markets
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

Financial corporations, balance sheetNovember 2014

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



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Deposits ratio increases

Customer deposits amounted to NOK 2 090 billion at the end of November 2014, which equals 46.8 per cent of banks’ total assets. Between end-November 2009 and end-November 2014, the deposits-to-assets ratio increased by 6.9 percentage points.

Balance sheet. Selected figures. NOK million and per cent
November 2013November 2014November 2013 - November 2014
Bank total assets4 184 8404 463 3706.7
Deposits2 803 1152 935 0524.7
Loans3 001 7623 264 8378.8
Mortgage companies
Bank total assets1 757 8811 890 0628
Loans1 507 3231 518 4870.7
Figure 1. Banks. Funding sources as ratio of total assets

Customer deposits increased by NOK 141 billion, or 7.2 per cent from end-November 2013 to end-November 2014. As a ratio of total assets, the customer deposits increased by 0.3 percentage points in the same period.

At end-November 2014, 8.7 per cent of the customer deposits were from foreign sources, an increase of 0.2 percentage points since end-November 2013.

A significant proportion of foreign inter-bank loans

At the end of November 2014, inter-bank loans amounted to NOK 810 billion; which equals 18.1 per cent of banks’ total assets. From end-November 2013 to end-November 2014, the inter-bank loans increased by NOK 25 billion, or 3.2 per cent.

Inter-bank loans from foreign banks constituted 94.9 per cent of banks’ total inter-bank loans at end-November 2014. At the end of November 2014, these loans amounted to NOK 769 billion, of which NOK 493 billion was in foreign currency. Fluctuations in foreign exchange rates will, therefore, affect the amount of inter-bank loans from foreign sources.

Falling debt securities ratio

Banks’ debt securities were NOK 629 billion, which amounted to14.1 per cent of total assets at the end of November 2014. In the period from November 2009 to November 2014, the ratio fell by 2.1 percentage points. The ratio for long-term bonds decreased by 2.8 percentage points, while the short-term bonds increased by 0.7 percentage points in the same period.

At end-November 2014, 55.4 per cent of banks’ debt securities were issued abroad. This share is the same as at the end of November 2013.

Increased equity ratio

Between end-November 2009 and end-November 2014, banks’ equity-to-assets ratio increased by 1.8 percentage points, to 7.1 per cent. At the end of November 2014, banks’ equity was NOK 315 billion, of which NOK 221 billion was retained earnings. The increase in equity ratio since end-November 2009 stems primarily from retained earnings. The increased equity ratio should be viewed in conjunction with the new capital and liquidity standards that have been introduced for the financial institutions.