Norway Yearbook - 1996

Financial intermediation
448 Public and private banks. Working account. Million kroner
Bank of Norway
1994 1995*
Corn, banks md.
Postal Bank
1994 1995*
Savings banks
1994 1995*
State lending institutions
1994 1995*
1. Interest income and credit commissions
on loans 1 735 1079 23403 24157 18188 18758 12554 11431
2. Other interest income 9064 9942 6307 6979 2574 2634 518 566
3. Interest on deposits from cust. 699 435 12718 14099 8646 9204
4. Other interest expenses 3949 3776 4725 5 185 1 286 1 582 19256 16870
Netinterestincome 5151 6810 12267 11849 10831 10605 .6184 4873
5. Other operating revenue
Net profit/loss on securities -5750 3313 -654 603 -817 326 -1 2
Net profit/loss on foreign exch. and
financial instruments -4017 -3854 1039 713 149 218 - 6
Commissions and fees 64 68 2374 3501 1 624 1 761 126 98
Other operating revenue 101 129 624 649 227 227 17986 110615
6. Other operating expenses
Personal expenses 428 418 4511 5338 3564 3779 342 374
Depreciations 125 123 601 662 371 358 15 12
Other operating expenses 306 327 4737 6730 3691 4000 441 2628
.
Operating profit before losses and
value adjustments 4310 5598 5801 4535 4386 5000 1129 2834
7. Losses and value adjustments
Value adjustments - - 916 246 29 15 - O
Loss/profit on sale of assets -1 -1 -226 -43 -137 -62 -
Net loss on loans and guarantees . 0 0 -208 -1 364 898 471 812 2594
Operating profit -4309 5599 5319 5746 3596 4576 317 241
8. Net extraordinary items 2438 - -16 2 -6 -1 -5 -42
9. Taxes - - 387 203 781 755 - -
Profit/loss for the year -1 871 5599 4915 5545 2808 3820 312 199
1lndluding 7 752 million kroner for 1994 and 10 572 million kroner for 1995 which are subsidies from the Central government.
Source: Banking and Credit Statistics. Current Figures. More information: Division for Public Finance and Credit Market Statistics.
449
Financial institution. Average rates of interest on deposits and loans. Per cent
per annum. 31 December
Financial institutions 198g1990 1991 1992 1993 1994 1995
Deposits
Commercial banks1 8.7 9.0 8.7 9.4 4.5 4.4 4.0
Savings banks 9.0 8.9 8.7 8.7 4.4 4.2 4.0
Loans
Commercial banks1 14.3 14.2 13.8 14.1 8.9 8.2 7.4
Savings banks 14.5 14.2 13.7 13.4 8.8 8.2 7.6
State lending institutions 9.9 9,9 9.7 9.5 7.7 6.9 6.5
Mortgage institutions 13.2 12.8 12.5 12.5 10.0 8.5 7.5
Life insurance companies 12.5 12.3 11.7 11.7 7.7 6.9 6.5
1
From 1995 the Postal Bank is included n commercial banks.
Source: Banking and Credit Statistics. Current Figures. More information: Division for Public Finance and Credit Market Statistics.
359