196383_not-searchable
/en/bank-og-finansmarked/statistikker/orbofbm/maaned
196383
Weak growth in loans to industry
statistikk
2015-04-15T10:00:00.000Z
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, February 2015

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

Content

Published:

This is an archived release.

Go to latest release

Weak growth in loans to industry

The growth in loans to industry was 1.4 per cent from end-February 2014 to end-February this year. Following a negative twelve-month loan growth in most of 2014, the growth has been positive in the first two months of this year.

Balance sheet. Selected figures. NOK million and per centPublished 15 April 2015
February 2014February 2015February 2014 - February 2015
Banks
Bank total assets4 330 1534 620 5496.7
Deposits2 905 6633 073 4625.8
Loans3 094 8213 381 2669.3
Mortgage companies
Bank total assets1 769 4011 916 7968
Loans1 517 0771 513 573-0.2

Source: Statistics Norway

Loans from financial corporations to industry amounted to NOK 70 billion at the end of February, down from NOK 72 billion the previous month. Loans outstanding to industry have been stable at around NOK 70 billion since end-November 2013, and made up 4.8 per cent of total loans to industries at end-February.

Total loans to industries from financial corporations was NOK 1 468 billion at end-February, nearly unchanged compared to the previous month. The twelve-month growth in loans to industries was 4.1 per cent to end-February, marginally down from 4.2 per cent the month before.

Real estate, renting and business activities account for the largest share of industry loans, with 42 per cent of total loans. These loans amounted to NOK 616 billion at the end of February, and the twelve-month growth was 5.2 per cent to end-February.