Tighter credit standards
- Survey of Bank Lending
Corporate credit demand decreased somewhat in 2011 Q4. At the same time, household credit demand increased somewhat. Looking ahead, banks expect broadly unchanged household credit demand and reduced corporate credit demand. Banks tightened credit standards for households and enterprises in 2011 Q4. Banks expect somewhat tighter credit standards for households and unchanged credit standards for enterprises in 2012 Q1. Lending margins rose on both household and corporate loans in 2011 Q4. Banks expect lending margins to continue to rise somewhat on both household and corporate loans 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