Higher household credit demand
- Survey of Bank Lending
Credit demand from households rose in 2018 Q2, while credit demand from non-financial enterprises was unchanged. Credit standards for both households and enterprises were little changed and banks also expect credit standards to remain approximately unchanged in Q3. Margins on household loans fell somewhat, driven by higher funding costs. Margins on corporate loans were virtually unchanged.
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