Lower household credit demand
- Survey of Bank Lending
Credit demand from households fell somewhat in 2017 Q3, while credit demand from non-financial enterprises edged up. Demand for fixed-rate loans fell in both segments. Credit standards for both households and non-financial enterprises were broadly unchanged. Margins on lending rose slightly in both segments and funding costs fell. Banks do not expect any changes in credit standards, loan conditions, lending rates, margins on loans or corporate credit demand in 2017 Q4. Household credit demand is expected to fall further in Q4.
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