Norway banks expect unchanged demand for credit in Q3 -c.bank

Sparebank 1 Nord-Norge

08/08/2019 09:01

OSLO, Aug 8 (Reuters) - Norwegian banks expect only minor
changes in credit demand, credit standards, loan conditions and
lending margins in the third quarter, both for households and
companies, a central bank survey of the industry showed on
Thursday.
    "Household credit demand increased somewhat in the second
quarter, while credit demand from non-financial enterprises was
approximately unchanged," Norges Bank said of developments in
the April-June period.
    "Credit standards for both households and non-financial
enterprises were unchanged. Lending rates increased in both
segments, in line with higher funding costs," it added.
    Norway's 10 largest banks participated in the survey,
including industry leader DNB  DNB.OL .

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