Norway banks see increase in lending rates, funding cost in Q1

Sparebank 1 Ostfold Akershus

17/01/2019 09:01

OSLO, Jan 17 (Reuters) - Credit demand from Norwegian
households and companies was broadly unchanged in the fourth
quarter of 2018 and banks do not expect significant changes in
the first quarter of 2019, a central bank survey showed on
Thursday.
    Banks also reported somewhat higher funding costs and a
slight fall in household and corporate lending margins in the
fourth quarter.
    In the first quarter of 2019, banks expect both lending
rates and funding costs to increase further, while lending
margins are expected to remain stable.

 (Reporting by Camilla Knudsen, editing by Terje Solsvik)
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