Statistics Norway

Interest rates in financial corporations. 3rd quarter 20091
  30.09.2009 30.06.2009 31.03.2009 31.12.2008 30.09.2008 Changes in interest rates Share of loans
  Last quarter Last year 30.09.2009 30.06.2009
Total loans from banks2 4.19 4.40 5.25 7.28 7.80 -0.21 -3.61 64.8 66.8
Total bank deposits2 1.70 1.90 2.86 4.61 5.60 -0.20 -3.89 n.a n.a
Banks' interest rate margin (1-2)2 2.49 2.50 2.38 2.67 2.21 -0.01 0.28 n.a n.a
                   
Lending rate, mortage companies 3.35 3.62 4.41 6.45 6.86 -0.27 -3.50 26.2 24.2
Lending rate, life insurance companies 3.69 3.93 4.69 5.57 6.51 -0.24 -2.82 1.3 1.3
Lending rate, state lending institutions 3.11 4.20 4.91 4.95 4.59 -1.09 -1.48 7.7 7.7
Lending rate, state lending institutions exsclusive loans with zero interest rates in the Norwegian State Educational Loan Fund 3.65 4.86 5.70 5.65 5.40 -1.21 -1.75 6.6 6.7
Total loans from financial corporations3 3.88 4.19 5.03 6.91 7.37 -0.31 -3.49  100.0  100.0
                   
The Norwegian Public Service Pension Fund 2.26 3.28 5.32 6.39 6.39 -1.02 -4.13 n.a n.a
                   
NIBOR (3 month effective)4 1.98 2.00 3.05 4.09 8.03 -0.02 -6.05 n.a n.a
Deposits margin (8 - 2)2 0.28 0.10 0.18 -0.52 2.43 0.18 -2.16 n.a n.a
Loans margin (1 - 8)2 2.21 2.40 2.20 3.19 -0.22 -0.19 2.43 n.a n.a
                   
Banks. Repayment loans with home mortgages 3.86 4.05 4.86 7.12 7.44 -0.19 -3.58 29.3 30.6
Banks. Credit loans with home mortgages 3.21 3.44 4.42 6.86 7.23 -0.24 -4.03 7.1 7.4
Banks. Loans margin repayment loans with home mortgages (9 - 8) 1.87 2.05 1.82 3.03 -0.59 -0.17 2.46 n.a n.a
Banks. Loans margin on credit loans with home mortgages 1.23 1.44 1.38 2.77 -0.79 -0.22 2.02 n.a n.a
                   
Mortgage companies. Repayment loans with home mortgages 3.37 3.60 4.49 6.91 7.37 -0.23 -3.99 12.4 11.1
Mortgage companies Credit loans with home mortgages 3.07 3.32 4.27 6.72 7.23 -0.25 -4.16 5.2 4.6
Life insurance companiess. Repayment loans with home mortgages 3.50 3.83 4.58 5.42 7.14 -0.33 -3.63 0.4 0.4
State lending institutions. Repayment loans with home mortgages 3.54 4.25 5.06 5.09 4.86 -0.72 -1.32 2.8 2.8
                   
Home mortgages from financial corporations 3.70 3.95 4.79 6.93 7.26 -0.25 -3.56 44.9 44.9
Credit lines from financial corporations 3.15 3.40 4.37 6.82 7.23 -0.25 -4.08 12.3 12.0
Housing loans total from financial corporations 3.58 3.83 4.71 6.91 7.26 -0.25 -3.68 57.2 57.0
                   
Key policy rate3 1.25 1.25 2.00 3.00 5.75 0.00 -4.50 n.a n.a
Overnight lending rate3 2.25 2.25 3.00 4.00 6.75 0.00 -4.50 n.a n.a
Total loans from banks and mortgage companies 3.95 4.19 5.04 7.09 7.62 -0.24 -3.67 91.0 91.0
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. Weighted average interestmargins in banks. Per cent per annum.
2  Interest rates on loans and deposits in banks are revised.
3  Includes banks, mortgage companies, life insurance companies and state lending institutions. The Norwegian Public Service Pension Fund is not included.
4  Source: Norges Bank.

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