Norway banks expect higher household credit demand in Q2 -c.bank

Sparebank 1 Nord-Norge

25/04/2019 09:02

OSLO, April 25 (Reuters) - Norwegian banks expect households
to increase their demand for home mortgages in the second
quarter of 2019, a central bank survey of the industry showed on
Thursday.
    While overall demand for mortgages was unchanged in the
first quarter, responses varied across banks, which may reflect
increased competition, the central bank said.
    Credit demand from non-financial enterprises was broadly
unchanged in the first quarter and is also expected to remain
unchanged in second.
    Norway's 10 largest banks participated in the survey,
including industry leader DNB  DNB.OL .

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