Statistics Norway

1 Interest rates in financial corporations at the end of the quarter, Q3 2007-Q3 20081
  30.09.2008 30.06.2008 31.03.2008 31.12.2007 30.09.2007 Changes in interest rates Share of loans
  Last quarter Last year 30.06.2008 31.03.2008
Total loans from banks 7.81 7.41 7.00 6.65 6.11 0.39 1.70 73.2 76.2
Total bank deposits 5.60 5.05 4.76 4.39 3.92 0.55 1.68  100.0  100.0
Banks' interest rate margin (1-2) 2.21 2.37 2.24 2.26 2.19 -0.16 0.02 . .
                   
Lending rate, mortage companies 6.86 6.44 6.11 5.63 5.18 0.42 1.67 18.2 15.2
Lending rate, life insurance companies 6.51 6.30 5.85 5.82 5.42 0.20 1.08 1.0 0.9
Lending rate, state lending institutions 4.59 4.53 4.34 4.26 3.90 0.06 0.69 7.6 7.7
Total loans from financial corporations2 7.38 7.03 6.66 6.31 5.81 0.34 1.56  100.0  100.0
                   
The Norwegian Public Service Pension Fund 6.39 5.87 5.61 5.09 4.83 0.52 1.56 . .
                   
Nibor (3 mnd. effective)3 8.03 6.83 6.35 6.10 5.89 1.20 2.14 . .
Deposit margin (8-2) 2.43 1.78 1.59 1.71 1.97 0.65 0.46 . .
Lending margin (1-8) -0.22 0.58 0.65 0.55 0.22 -0.80 -0.45 . .
                   
Banks. Repayment loans secured on dwellings 7.44 7.05 6.72 6.35 5.78 0.39 1.66 34.9 37.9
Banks. Credit lines secured on dwellings 7.23 6.87 6.51 6.10 5.48 0.37 1.75 8.4 8.1
Banks. Lending margin repayment loans secured on dwellings (9-8) -0.59 0.22 0.37 0.25 -0.11 -0.81 -0.48 . .
Banks. Lending margin on credit lines secured on dwellings (10-8) -0.80 0.04 0.16 0.00 -0.41 -0.83 -0.39 . .
                   
Mortgage companies. Repayment loans secured on dwellings 7.37 6.93 6.58 6.23 5.68 0.44 1.68 7.2 4.9
Mortgage companies Credit lines secured on dwellings 7.23 6.79 6.51 6.12 5.53 0.44 1.70 2.7 2.2
Life insurance companiess. Repayment loans secured on dwellings 7.14 6.53 6.16 4.82 4.22 0.61 2.92 0.4 0.3
State lending institutions. Repayment loans secured on dwellings 4.86 4.78 4.66 4.52 4.39 0.08 0.47 2.8 2.9
                   
Financial corporations total: Repayment loans secured on dwellings 7.26 6.89 6.57 6.22 5.69 0.37 1.57 45.3 45.9
Financial corporations total: Credit lines secured on dwelllings 7.23 6.85 6.51 6.10 5.49 0.38 1.75 11.1 10.2
Housing loans total from financial corporations 7.26 6.89 6.56 6.20 5.66 0.37 1.59 56.4 56.1
                   
Norges Banks foliorente 5.75 5.75 5.25 5.25 5.00 0.00 0.75 . .
Dagslånsrenten 6.75 6.75 6.25 6.25 6.00 0.00 0.75 . .
1  Weighted average interest rates incl. commissions on NOK loans from banks and other financial corporations. Weighted average interest rates on deposits in banks from non-financial enterprises, households and local government 1). Weighted average interestmargins in banks. Per cent per annum.
2  Includes banks, mortgage companies, life insurance companies and state lending institutions. The Norwegian Public Service Pension Fund is not included.
3  Norges Bank.

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