This is an archived release.
More money in the bank
Total deposits in domestic banks amounted to NOK 3 115 billion at the end of March, up 10.0 per cent from end-March last year. Growth in deposits from non-financial corporations was strongest in the public sectors.
|March 2014||March 2015||March 2014 - March 2015|
|Bank total assets||4 214 486||4 700 805||11.5|
|Deposits||2 832 265||3 114 749||10.0|
|Loans||3 065 284||3 457 262||12.8|
|Bank total assets||1 767 724||1 967 280||11|
|Loans||1 511 143||1 534 874||1.6|
Bank deposits from domestic non-financial corporations amounted to NOK 636 billion at end-March 2015, up from NOK 585 billion at end-March 2014, which equals a twelve-month growth in deposits of 8.7 per cent. Deposits from domestic non-financial corporations constituted a share of 20 per cent of total deposits at end-March.
Deposits from domestic households totalled NOK 1 028 billion at end-March, up from NOK 985 billion at end-March the previous year, which is an increase of 7.3 per cent. The households’ deposits constituted a share of 33 per cent of total deposits at end-March.
Highest growth in deposits from foreign Sources
The twelve-month growth in deposits from foreign sources increased from 3.7 per cent at end -February to 14.1 per cent at end-March. Deposits from foreign sources account for the largest share of deposits, with 35 per cent of total deposits.
At end-March, the deposits from foreign sources amounted to NOK 1 079 billion. Deposits from foreign banks and other financial corporations constituted a share of 85 per cent of these deposits.
Non-financial corporations place most in transaction deposits
Total transaction deposits amounted to NOK 1 230 billion at end-March. Domestic non-financial corporations and households placed NOK 426 and NOK 272 billion of these deposits respectively. As a share of total transaction deposits, this constituted 35 and 22 per cent respectively.
Other deposits totalled NOK 1 884 billion at end-March, of which NOK 756 billion came from domestic households. Domestic non-financial corporations had NOK 210 billion in other deposits at end-March.
The statistics is now published as Banks and mortgage companies.