Somewhat higher household credit demand
- Survey of Bank Lending
Household credit demand increased somewhat in 2019 Q2, while credit demand from non-financial enterprises was approximately unchanged. Credit standards for both households and non-financial enterprises were unchanged. Lending rates increased in both segments, in line with higher funding costs. For both households and enterprises in Q3, banks expect minor changes in credit demand, credit standards, loan conditions and margins on loans.
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