This is an archived release.
Decreased growth in housing loans
The twelve-month growth in housing loans from financial corporations to households was 7.0 per cent to end-April, down from 7.2 per cent to end-March. Compared to April last year, the twelve-month growth has declined by 0.2 percentage points.
|April 2014||April 2015||April 2014 - April 2015|
|Bank total assets||4 301 229||4 619 848||7.4|
|Deposits||2 945 921||3 056 103||3.7|
|Loans||3 177 080||3 408 096||7.3|
|Bank total assets||1 769 957||1 909 999||8|
|Loans||1 499 109||1 548 580||3.3|
Loans secured on dwellings from financial corporations to households amounted to NOK 2 229 billion at the end of April; an increase of NOK 145 billion from April last year. A total of 84.5 per cent of households’ total loans from financial corporations were secured on dwellings at end-April.
Decreased growth in repayment loans
Loans secured on dwellings consist of two types of loans: repayment loans and credit lines. At the end of April, the repayment loans constituted a share of 80.1 per cent of all housing loans to households, and amounted to NOK 1 785 billion. This is an increase of NOK 11.5 billion from previous month and an increase of about NOK 150 billion from April last year. The twelve-month growth in the households repayment loans was 9.1 per cent to end-April; a decrease from 9.5 per cent the previous month.
Credit lines secured on dwellings from financial corporations to households amounted to NOK 444 billion at the end of April; a decline of NOK 177 billion from the previous month. The twelve-month growth in credit lines secured on dwellings to households was -0.9 per cent at end-April, and has been negative since June 2013.
Higher growth in housing loans from mortgage companies
Loans secured on dwellings from mortgage companies totalled NOK 1 122 billion at the end of April. This is an increase of NOK 12.8 billion compared to the previous month. The twelve-month growth in housing loans from mortgage companies to households was 4.3 per cent at end-April; an increase from 2.2 per cent to end-March.
Banks’ housing loans to households amounted to NOK 1 046 billion at the end of April. This is an increase of NOK 96.7 billion compared to April last year and corresponds to a twelve-month growth of 10.2 per cent.
Housing loans from state lending institutions to households totalled NOK 62 billion at the end of April. The twelve-month growth in these loans was 2.5 per cent; a decrease from 2.8 per cent the previous month.
The statistics is now published as Banks and mortgage companies.
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