Lower margins on loans to households
- Survey of Bank Lending
The banks in the survey reported only slight changes in credit markets in Q3. Household credit demand edged up, while credit demand from non-financial enterprises was approximately unchanged. Banks reported approximately unchanged credit standards for households but slightly tighter credit standards for non-financial enterprises. Margins fell somewhat on loans to households, but rose slightly on loans to non-financial 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