Further increase in loan demand from non-financial corporations
- Survey of Bank Lending
Banks reported a modest fall in household credit demand in 2010 Q2. Corporate credit demand increased according to the banks. Looking ahead, household credit demand is expected to continue to fall and corporate credit demand to continue to drift upwards. Credit standards for households were tightened marginally, while credit standards for enterprises were further eased in 2010 Q2. In the period ahead, banks expect broadly unchanged credit standards for both households and enterprises.
In its work on monitoring financial stability in Norway, Norges Bank uses extensive statistics on developments in credit and financial markets. In order to expand the information base, Norges Bank conducts a quarterly survey of bank lending. The survey provides information on changes in the demand for and supply of credit and on changes in banks’ loan terms and conditions. Objective of the Bank Lending Survey