2011-Q3-dataresults_bank_lending by xiagong0815

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									Results from Norges Bank's Survey of Bank Lending. Net percentage balances
Lending to households

The banks use a scale of five alternative responses to indicate the degree of change in credit conditions. Banks that report that conditions have changed "a lot"
are assigned twice the score of those who report that conditions have changed "a little". The responses are weighted by the banks' shares of the change in
lending to households. The resulting net balances are scaled to lie between -100 % and 100 %. If all the banks in the sample report some tightening of credit
standards, the net percentage balance will be -50 %. If some of the banks have tightened their credit standards a little without the other banks changing their
credit standards, the net percentage balance will lie between 0 and -50 %. If all the banks in the sample have substantially tightened their credit standards, the
net percentage balance will be -100 %.

                    1)
1. Credit demand
                                                                                                  2007:4         2008:1         2008:2         2008:3         2008:4    2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3    2010:4    2011:1    2011:2    2011:3    2011:3
Total                                                            Past three months                  -18.8          -41.7          -29.9          -64.6          -68.8     -40.8      0.9       6.8      11.1      -22.2      -4.9      -9.6     42.2      41.8      42.5      27.5       12.9
                                                                 Next three months                  -24.5          -37.6          -35.8          -54.3          -63.6      15.5     31.3       0.0       3.5       29.8      -8.5       0.0      0.8       3.8       3.1       0.5      -36.6

Loans secured on dwellings                                       Past three months                   -9.0          -41.7          -26.1          -64.6          -71.8    -43.8       3.9      15.0      11.1     -22.2       -4.9      -9.6     44.5      41.8      42.5      27.5       0.0
                                                                 Next three months                  -24.5          -33.8          -32.0          -54.3          -63.6     15.5      31.3       0.0       3.5      32.0       -8.5       0.0      0.8       3.8       3.1       0.5       4.1

 - Repayment loans secured on dwellings                          Past three months                  -13.3          -41.7          -29.9          -64.6          -68.8    -46.7       3.9      15.0      11.1     -22.2       -4.9      -9.6     20.1      41.8      42.5      31.7      24.9
                                                                 Next three months                  -24.5          -33.8          -37.1          -54.3          -63.6      5.7      28.3       0.0       3.5      32.0       -8.5       4.2      7.3       3.8       3.1       4.7      27.9

     First-home loans                                            Past three months                  -20.3          -47.6          -27.7          -65.7          -73.5    -48.9       0.5       1.4        8.8    -31.3     -24.9     -18.2      20.0      27.3      38.7      32.7
                                                                 Next three months                  -26.5          -41.1          -43.3          -62.4          -67.1     13.8      38.4       0.0       -0.3    -15.7     -20.3       0.0      -3.2      10.6      -6.4      -7.8    2011:3
                                                                                                                                                                                                                                                                                        -23.6
 - Home equity lines of credit                                   Past three months                   26.8            7.2          -23.8          -48.7          -78.6    -40.8     -11.8       -2.0       8.2    -26.0     -17.5     -16.8      16.2      22.6      22.6      22.3      -27.5
                                                                 Next three months                  -14.7            3.8          -29.0          -54.3          -60.6     15.5      28.3        3.0      -0.3     18.8     -14.6       0.0      -3.4       3.8      -3.4       3.5
                                                                                                                                                                                                                                                                                        -7.0
Other secured repayment loans (car loans, boat loans etc.)       Past three months                   -9.8          -41.0          -42.1          -75.6          -75.6    -43.1       6.4       5.9        3.0    -18.8     -12.9       8.2       6.7      22.6      12.4       -7.2    -27.5
                                                                 Next three months                  -32.5          -41.8          -48.0          -61.5          -62.9      0.5      27.0       5.9       -4.2     26.0     -18.8       0.0       0.8       3.8      -5.9        0.0

Unsecured repayment loans (consumer loans)                       Past three months                   -7.2          -37.1          -29.8          -35.0          -10.7    -52.8       -6.0     14.6        0.0    -23.0     -21.0     -18.8       -0.5      0.0       -4.2      -4.3   2011:3
                                                                 Next three months                  -14.5          -37.9          -22.0          -49.6          -19.2     -3.8        0.0     -4.2       -4.2     21.8     -18.8       0.0       -0.5      0.0        0.0       0.0     -10.6
                                                                                                                                                                                                                                                                                        -33.6
Fixed-rate loans                                                 Past three months                  -18.3          -22.6          -14.4           -2.9           13.5     67.0      20.0      29.5      15.0     -14.4      15.8      13.9       0.0       -3.0     -3.0      13.1
                                                                 Next three months                    5.5           -9.8           -7.2           -0.4           12.2     33.4      11.7       3.0       0.0      17.5     -13.6     -11.1       6.5       -3.0     21.8      33.0     -11.7
                                                                                                                                                                                                                                                                                       -33.6
2. Credit standards1)
                                                                                                  2007:4         2008:1         2008:2         2008:3         2008:4    2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3    2010:4    2011:1    2011:2    2011:3      -3.6
Total                                                            Past three months                   -3.9           -3.9           -8.0          -43.8          -35.0      0.5       0.0        0.0      0.0      -18.8      -6.5      -2.3      0.0       -5.2      0.0       -4.2    -16.6
                                                                 Next three months                   -6.9          -11.0          -13.3          -44.8           -3.9      0.0       0.0       -3.0      0.0       -3.0       0.0       0.7      0.0        0.0      0.0      -33.5
                                                                                                                                                                                                                                                                                        13.0
Loans secured on dwellings                                       Past three months                   -3.9           -3.9           -4.3          -47.7          -35.0      0.5       0.0        3.9      0.0     -18.8       -6.5      -2.3      0.0       -5.2      0.0      -2.0      -0.9
                                                                 Next three months                   -6.9           -7.2           -7.2          -44.8           -3.9      0.0       0.0       -3.0      0.0      -3.0        0.0       0.7      0.0        0.0      0.0     -33.5
                                                                                                                                                                                                                                                                                       -16.6
 - Repayment loans secured on dwellings                          Past three months                   -3.9           -3.9           -4.3          -50.0          -35.0      0.5       0.0       0.0       0.0     -18.8       -6.5      -2.3      0.0       -2.3      0.0       2.3     -35.8
                                                                 Next three months                   -6.9           -4.3           -4.3          -47.0           -1.7      0.0       0.0       0.0       0.0       0.0        0.0      -2.3      0.0        0.0      0.0     -33.5
                                                                                                                                                                                                                                                                                         0.0
     First-home loans                                            Past three months                   -4.3           -4.3           -4.6          -58.1          -44.4      -6.0    -10.6        0.0    -10.6     -20.3       1.8     -22.2        5.1      0.3       -4.6     -4.6     -29.6
                                                                 Next three months                   -7.5           -7.8          -10.3          -48.9           -4.3       0.0      0.0       -7.8      0.0      -7.8       0.0      -7.1       -4.6      0.0        0.0    -36.2
                                                                                                                                                                                                                                                                                        13.0
 - Home equity lines of credit                                   Past three months                   -7.7           -7.7          -12.3          -44.8          -35.0      0.5       0.0       0.0       0.0       0.0       -2.3      -2.3      0.0       -2.3      0.0       0.0       0.0
                                                                 Next three months                   -7.7           -8.0          -11.0          -44.8           -3.9      0.0       0.0       0.0       0.0       0.0        0.0      -2.3      0.0        0.0      0.0     -34.2

Other secured repayment loans (car loans, boat loans etc.)       Past three months                    0.0            0.0           -3.8          -40.8          -43.0    -17.3       -3.8       0.0      0.0       0.0       0.0        0.0      0.0       0.0       0.0       0.0    2011:3
                                                                 Next three months                   -8.0           -3.8           -3.8          -45.1           -7.7     -3.8        0.0      -4.3      0.0       0.0       0.0       -3.0      0.0       0.0       0.0     -23.1      27.6
                                                                                                                                                                                                                                                                                        47.5
Unsecured repayment loans (consumer loans)                       Past three months                    0.0            0.0           -3.8          -46.1          -43.0    -36.1       -3.8      0.0       0.0        0.0      0.0       -4.5      -2.3      -2.3      0.0       0.0
                                                                 Next three months                   -3.8           -3.8           -6.0          -50.3           -7.7     -3.8        0.0      0.0       0.0       -3.0      0.0       -3.0       0.0       0.0      0.0     -23.1       0.0
                                                                                                                                                                                                                                                                                         0.0
3. Factors affecting credit standards1)
                                                                                                  2007:4         2008:1         2008:2         2008:3         2008:4    2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3    2010:4    2011:1    2011:2    2011:3       0.0
Economic outlook                                                 Past three months                  -17.5          -17.5          -17.8          -79.5          -57.7      -5.6      6.5       3.9       3.0       0.0       0.0        0.0      0.0       0.0       0.0        0.0     10.0
                                                                 Next three months                  -20.5          -13.5          -43.8          -83.7          -29.5       1.4      5.2       3.0       0.0       0.0       0.0       -3.0      0.0       0.0       0.0       -8.2
                                                                                                                                                                                                                                                                                       -16.6
Bank's appetite for risk                                         Past three months                  -11.9           -7.7          -43.1          -51.5          -51.5      -7.5      0.0       0.0       0.0     -18.8       -4.2      -2.3      0.0       0.0       0.0      -4.2     -16.6
                                                                 Next three months                   -7.7          -20.8          -13.3          -55.8          -30.7      -3.8      3.0       0.0       0.0      -7.2        0.0       0.0      0.0       0.0       0.0     -10.8
                                                                                                                                                                                                                                                                                         0.0
Market share objectives                                          Past three months                    0.0            0.0           -4.2          -28.4           -3.8      -7.5      4.2       4.2       3.0       4.2       2.3       5.2      21.8       0.0       0.0       2.3       0.0
                                                                 Next three months                    9.8            0.0            0.0          -28.4           -3.8      -3.8      3.0       0.0       3.0       0.0       2.3       2.3       2.3       0.0       2.3       2.3
                                                                                                                                                                                                                                                                                        29.6
Funding                                                          Past three months                    0.0            0.0          -23.0          -44.0          -26.2      4.2       7.2       3.0       3.0       4.2        2.3      3.0       0.0       0.0        0.0       0.0     33.8
                                                                 Next three months                    0.0          -23.1            0.0          -55.8           -7.2      5.2       3.0       0.0       3.0       0.0       -5.2      0.0       0.0       0.0       -3.0      -6.5

Capital adequacy                                                 Past three months                                                                               -8.5      -3.3      4.2       0.0       3.0       4.2       0.0       0.0       0.0       0.0       0.0        0.0
                                                                 Next three months                                                                               -4.2      -3.8      0.0       3.0       3.0       0.0       0.0       0.0       0.0       0.0       0.0       -4.3

Default                                                          Past three months                    0.0           -3.8          -12.3          -16.0          -34.5    -10.5       -3.8      3.0       3.0       0.0       0.0       0.0       3.0       0.0       0.0       0.0
                                                                 Next three months                  -13.2          -13.5          -12.3          -25.8          -30.7    -11.0       -3.0      3.0       3.0       0.0       0.0       0.0       0.0       0.0       0.0       0.0

4. Loan conditions
                                                                                                  2007:4         2008:1         2008:2         2008:3         2008:4    2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3    2010:4    2011:1    2011:2    2011:3
Lending margins2)                                                Past three months                  12.6             8.6          -26.0          -38.9          22.4        7.2     13.2        5.5       3.9     -12.7     -20.1     -16.2     -23.9     -15.5     -20.5     -39.4
                                                                 Next three months                  39.7            -9.3           10.4           24.2           3.0       -5.2      -3.6     -11.1     -11.8     -15.0      -5.0      -3.6     -36.0     -11.0      20.7      29.4

Maximum loan-to-income ratio3)                                   Past three months                    0.0            0.0          -22.6          -32.3          -13.5      0.0       0.0       3.0       0.0       0.0       -2.3      -2.3      0.0       0.0       -3.0      -4.2
                                                                 Next three months                  -16.1          -11.0           -6.7          -28.1           -2.3      0.0       0.0       0.0       0.0     -21.8       -2.3      -2.3      0.0       0.0        0.0      -4.2

                                3)
Maximum loan-to-value ratio                                      Past three months                   -8.2           -3.9           -8.0          -25.9          -12.3      -4.2      -4.2       3.0      0.0     -18.8       -2.3      -6.5      0.0       0.0       -3.0      -4.2
                                                                 Next three months                   -7.7           -8.0           -8.0          -21.6           -4.2      -3.0       0.0      -4.2      0.0     -26.0       -6.5      -2.3      0.0       0.0        0.0      -6.5

                           3)
Maximum loan maturity                                            Past three months                    0.0            0.0            0.0           18.8            0.0       0.0      0.0       -3.0      0.0       0.0       0.0       -4.2      0.0       3.8       0.8        0.0
                                                                 Next three months                    4.2            0.0            0.0           17.8            3.8      -3.0      0.0        0.0      0.0       0.0       0.0        0.0      0.0       3.8       0.0       -4.2

Use of interest-only periods3)                                   Past three months                   -3.9           -8.2           -2.3           18.8            0.0      -4.2      -4.2      -4.2      0.0       -3.0      0.0       -3.0      0.0       0.0       -7.2    -10.2
                                                                 Next three months                   -4.4            0.0            0.0           17.8            3.8      -4.2      -4.2       3.0      0.0       -7.2      0.0        0.0      0.0       0.0        0.0    -23.0

Commissions/fees2)                                               Past three months                    0.0            9.8            2.3            3.0            0.0      0.0       0.0       0.0       0.0       4.3       3.0       5.2       3.0       0.0       0.0       9.8
                                                                 Next three months                    9.8            0.0            5.2            6.7            3.8      0.0       0.0       0.0       0.0       0.0       0.0       0.0       0.0       4.2       9.8       3.0



1)
   Negative net percentage balances indicate lower demand / tighter credit standards / that the factor contributes to tighter credit standards relative to previous
quarter
2)
   Positive net percentage balances indicate tighter credit standards relative to previous quarter
3)
   Negative net percentage balances indicate tighter credit standards relative to previous quarter




C:\Docstoc\Working\pdf\7d663148-ed6e-4b5c-881b-c393628c0930.xls2/18/2012
Results from Norges Bank's Survey of Bank Lending. Net percentage balances
Lending to non-financial corporations



The banks use a scale of five alternative responses to indicate the degree of change in credit conditions. Banks that report that conditions have
changed "a lot" are assigned twice the score of those who report that conditions have changed "a little". The responses are weighted by the
banks' shares of the change in lending to non-financial corporations. The resulting net balances are scaled to lie between -100 % and 100 %. If
all the banks in the sample report some tightening of credit standards, the net percentage balance will be -50 %. If some of the banks have
tightened their credit standards a little without the other banks changing their credit standards, the net percentage balance will lie between 0 and -
50 %. If all the banks in the sample have substantially tightened their credit standards, the net percentage balance will be -100 %.

1. Credit demand1)
                                                                                  2007:4         2008:1          2008:2         2008:3        2008:4     2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3   2010:4    2011:1    2011:2
Non-financial corporate demand for lending      Past three months                    32.3          -36.2           -51.1          -55.3         -39.8      -34.9     -14.2     11.1      16.8      15.9      31.5       5.1     31.7       6.2      29.8
                                                Next three months                   -48.7          -25.5           -50.0          -77.7         -30.8      -51.5       6.7     29.2      33.8      26.2      12.9      25.8     43.4      48.7      27.7

Utilisation of credit lines                     Past three months                    16.6            5.9           29.5            29.5          26.8      23.6       8.1       0.0       -1.1      0.0       0.0       0.9      5.9       0.0       0.0
                                                Next three months                    -1.1           22.5           29.5            64.1          49.1      36.8       7.2       0.0        0.0      0.0       0.9      18.8      6.8       0.0       0.9

Fixed-rate loans                                Past three months                    22.5          -10.7            5.9             4.1          10.0      14.9       2.0       5.9       0.0       0.0       0.9      13.0      0.0       0.0       0.0
                                                Next three months                   -17.7            5.9           12.9            11.1           6.8      14.0       5.0      13.0       0.0       0.0       0.0      14.4      0.0       0.0       7.0

2. Credit standards1)
                                                                                  2007:4         2008:1          2008:2         2008:3        2008:4     2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3   2010:4    2011:1    2011:2
Total                                           Past three months                   -17.0          -17.0           -30.4          -48.7         -62.1      -31.9     -13.3     23.6      16.6       5.9       7.9       0.9      0.9       0.0       0.0
                                                Next three months                   -33.6          -22.5           -29.5          -59.1         -40.1      -30.8       0.0     16.6       0.0      12.9       0.0       0.0      0.0       0.0       0.0

Commercial real estate                          Past three months                   -17.0          -53.6           -56.4          -78.7          -80.1    -42.0     -12.9      10.7      10.7      12.9       -0.9      0.9      0.9       0.9       0.0
                                                Next three months                   -46.6          -18.9           -55.5          -79.2          -44.2    -35.4       0.0      10.7       0.0       5.9        0.0      0.0      0.0       0.0       0.0

3. Factors affecting credit standards1)
                                                                                  2007:4         2008:1          2008:2         2008:3        2008:4     2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3   2010:4    2011:1    2011:2
Economic outlook                                Past three months                   -17.0          -46.6           -48.7          -65.7         -81.2      -50.1     -13.1      7.9      34.6       0.9       0.0       5.0      0.9       0.0       4.1
                                                Next three months                   -29.5          -47.8           -43.6          -84.8         -63.7      -31.9       0.9      0.9      17.2       0.0       0.0       4.1      4.1       4.1       0.0

Sector-specific outlook                         Past three months                   -17.3          -50.4           -30.6          -59.8          -50.4    -42.2     -14.9       -1.1      -1.1     16.6       0.0       0.0      2.0       0.9       0.0
                                                Next three months                   -37.1          -44.5           -30.6          -60.0          -34.1    -22.4      -7.0       -1.1       0.0      0.0       0.0       0.0      0.0       0.0       0.0

Bank's appetite for risk                        Past three months                   -17.0          -29.5           -27.5          -54.6          -68.0    -37.8     -14.2       0.0       4.1       0.0       0.0       0.0      0.0       0.0       0.0
                                                Next three months                   -29.5          -25.9           -22.5          -55.0          -56.7    -31.9       0.0       0.0       4.1       4.1       0.0       0.0      4.1       0.0       0.0

Market share objectives                         Past three months                     0.0            0.0             0.0          -11.8          -24.8    -24.8       0.0      20.0      13.0      13.0       0.9       0.9      0.0       0.0       0.0
                                                Next three months                   -16.6            0.0             0.0          -11.8          -18.9     -5.9       0.0       0.0      17.2      13.0       0.9       0.9      0.0       0.0       0.0

Funding                                         Past three months                   -18.2          -30.4           -23.4          -74.1          -67.8    -29.8       0.0      12.4      20.7      23.6        6.8      5.0      0.0       0.0       0.0
                                                Next three months                   -29.5          -29.5            -6.8          -74.6          -34.0    -10.0       0.0      20.7      20.7       7.0       -0.9      4.1      0.0       0.0       0.0

Capital adequacy                                Past three months                                                                                -66.9    -30.3     -10.0      12.4      27.8      22.5       5.9       0.0      0.0       0.0       0.0
                                                Next three months                                                                                -52.7    -11.4       4.1      44.3      43.2       5.9       0.0       0.0      0.0       0.0     -13.0

Default                                         Past three months                    -5.9           -5.9           -22.5          -28.4          -31.8    -33.1     -12.9       0.0       0.0       0.0       0.0      -0.9      0.0       0.0       0.0
                                                Next three months                   -22.5           -5.9           -23.4          -33.8          -42.5    -27.2      -7.0       0.0       4.1       0.0       0.0       0.0      0.0       0.0       0.0

4. Loan conditions
                                                                                  2007:4         2008:1          2008:2         2008:3        2008:4     2009:1    2009:2    2009:3    2009:4    2010:1    2010:2    2010:3   2010:4    2011:1    2011:2
Lending margins2)                               Past three months                   15.6           50.0            65.3           65.1          67.0       57.0      21.3       -2.1     -22.6     -36.8     -36.6     11.7     -12.4     -25.4     -33.0
                                                Next three months                   48.7           50.0            48.7           51.5          63.0       37.0       6.6      -15.4     -24.4     -19.2      14.2     11.9       6.0       4.7     -14.9

Collateral requirements2)                       Past three months                     7.0           12.9           14.0            53.7          37.1      49.5      12.9       4.1       0.0       0.0       0.0       0.0      0.0       0.0       0.0
                                                Next three months                    12.9           12.9           14.0            53.7          27.1      12.9       7.0       0.0       0.0       0.0       0.0       0.0      0.0       0.0       0.0

                      2)
Equity requirements                             Past three months                    17.0           46.6           31.5            54.6          55.9      49.5       5.9       0.0       0.0       0.0       0.0       0.0      -0.9      -0.9      0.0
                                                Next three months                    33.6           25.9           14.0            53.7           7.0       7.2       0.0       0.0       0.0       0.0       0.0      -0.9       0.0       0.0      0.0

                           3)
Maximum loan maturity                           Past three months                    -4.1            0.0           -16.6           -7.0          -14.0    -49.6       -6.8      0.0       0.0       7.0       7.0       0.0     16.6       7.0       0.0
                                                Next three months                   -16.6            0.0           -16.6          -14.0           -7.0     -6.8        0.0      0.0       7.0       7.0       0.0       7.0      7.0       0.0       0.0

                                3)
Use of interest-only periods                    Past three months                    -7.0           -7.9           -17.5            0.0           5.9      22.5       -0.9      0.0       0.0       0.0        0.0      0.0      5.9       5.9       0.0
                                                Next three months                   -29.5           -7.0           -17.5            0.0          10.0      21.6        0.0      0.0       0.0       0.0       -0.9      0.0      0.0       5.9       0.0

Commissions/fees2)                              Past three months                     4.1            4.1           30.5            34.9          61.7      47.8      14.9      -9.6       0.9       0.9       0.9       0.9    -22.5       0.0       0.0
                                                Next three months                     4.1           29.6           30.5            18.3          44.2      47.5       7.0     -16.6     -16.6       0.0       0.0       0.0     -5.9       0.0       0.0

1)
   Negative net percentage balances indicate lower demand / tighter credit standards / that the factor contributes to tighter credit standards
relative to previous quarter
2)
   Positive net percentage balances indicate tighter credit standards relative to previous quarter
3)
   Negative net percentage balances indicate tighter credit standards relative to previous quarter




C:\Docstoc\Working\pdf\7d663148-ed6e-4b5c-881b-c393628c0930.xls2/18/2012

								
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