Norway Yearbook - 2003

Financial intermediation
529 Main figures for financial enterprises per 31 December
1lncludes local government, non-financial enterprises and households. 2Incl. companies engaged in Unit Link. 3Private and municipal pension
schemes mcl. Joint Pension under Collective Agreement etc. 4Figures for total assets and loans to the public for 2002 based on an estimate.
5Source for number of enterprises and figures for total assets in 2002: The Banking, Insurance and Securities Commission of Norway. tTotal
assets for 2002 based on an estimate.
Source: Financial institutions. Statistics Norway, Central Bank of Norway, The Banking, Insurance and Securities Commission of Norway.
More information: http:/Anww.ssb.no/finanninst en/ and http://ww.norges-bank.no/english/
5 30
Number of enterprises Total assets. Billion kroner Loans to the public1. Billion kroner
1999 2000 2001 2002* 1999 2000 2001 2002* 1999 2000 2001 2002*
Total2 807 876 901 900 2860 3406 3757 4007 1193 1 347 1 472 1 578
.
.
Deposit money banks 153 153 153 153 1704 2161 2439 2648 820 938 1031 1098
Central Bank of Norway 1 1 1 1 507 809 988 1 079 1 1 1 1
Commercial banks mcl. the
Postal Bank 22 22 22 22 709 793 826 888 426 483 522 547
Savings banks 130 130 130 130 488 559 625 681 393 454 508 550
Other financial institutions 63 68 70 70 419 466 528 567 342 379 411 451
State lending institutions. 5 3 3 3 206 180 190 197 190 168 176 186
Mortgagecompanies . . 10 12 12 11 148 212 250 279 93 144 156 182
Finance companies 48 53 55 56 65 74 88 91 59 67 79 83
Insurance companies etc 268 267 266 266 556 577 597 620 31 30 30 29
Life insurance companies2 15 19 16 16 367 381 412 430 25 23 24 23
Non-life insurance companies
95 96 100 100 97 96 101 98 1 2 1 1
Private and municipal
pension schemes34 158 152 150 150 92 100 84 92 5 5 5 5
Other financial enterprises. . 323 388 412 411 181 202 193 172 - - -
Mutual funds5 310 378 402 400 122 143 133 107 -
Financial holding
companies6 13 10 10 11 59 59 60 65 - -
Financial institutions. Average interest rates on deposits and loans per
31 December1
Financial institutions 19951996 1997 1998 1999 2000 2001 2002*
Deposits
Commercial banks2 4.0 3.3 2.8 6.3 4.5 5.8 5.8 5.7
Savings banks 4.0 3.4 2.9 6.3 4.4 5.8 5.7 5.9
Loans
Commercial banks2 7.5 6.7 5.9 9.7 7.5 8.8 8.5 8.5
Savings banks 7.7 6.7 6.1 10.0 7.7 9.1 8.9 8.9
State lending institutions 6.5 5.1 4.2 4.7 5.7 5.6 6.0 6.0
Mortgage companies 7.5 6.7 6.3 7.7 6.8 7.2 7.3 7.3
Life insurance companies 6.5 5.8 5.3 8.3 6.6 7.6 7.4 7.3
Non-accrual loans in which interest accruals, commisions and chargen have been suspended. 2From 1995 the Postal Bank is included in
commercial banks.
Source: Financial institutions, Statistics Norway. From 1996 Central Bank of Norway. More information: http:/Asnw.ssb.no/finansinsten/
and http://www.norges-bank.no/english/
416 Statistical Yearbook of Norway 2003