Norway banking sector faces growing risk, central bank says
20/05/2025 07:01
OSLO, May 20 (Reuters) - Norway faces a higher risk of market turbulence and an economic downturn that could weaken financial stability, the country's central bank said in a report on Tuesday. "If trade restrictions and heightened uncertainty lead to a downturn abroad, the effects can spill over to the Norwegian economy and increase banks' credit losses," Norges Bank said. (Reporting by Terje Solsvik, editing by Louise Rasmussen) ((terje.solsvik@thomsonreuters.com; +47 918 666 70))