Norway could impose ceiling on consumer loan rates if current measures fail

Morrow Bank ASA

27/04/2018 10:52

OSLO, April 27 (Reuters) - The Norwegian government may
impose a ceiling on interest rates for consumer loans unless
recently imposed regulations help curb a growing trend of small,
expensive loans, Finance Minister Siv Jensen said in a statement
on Friday.
    Current regulations will be allowed to work for a while, to
asses their impact, before any decision on a rate ceiling is
made, she added.

 (Reporting by Terje Solsvik, editing by Camilla Knudsen)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters
Messaging: terje.solsvik.thomsonreuters.com@reuters.net))