Somewhat tighter credit standards for enterprises
- Survey of Bank Lending
Banks reported somewhat tighter credit standards for enterprises in 2012 Q2. For households, credit standards were tightened for first-home mortgages, while overall credit standards remained broadly unchanged. Banks expect further tightening for enterprises and broadly unchanged credit standards for households in 2012 Q3. Both household and corporate credit demand increased slightly in 2012 Q2. Banks expect household and corporate credit demand to remain unchanged ahead.
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