Norges Bank’s Survey of Bank Lending

2009 Q1

Source: Norges Bank

Chart 1 Household credit demand. Net percentage balances1), 2)

1) Net percentage balances are calculated by weighting together the responses in the survey. The blue bars show developments over the past quarter. The red diamonds show expectations over the next quarter. The red diamonds have been moved forward one quarter

2) Negative net percentage balances indicate falling demand

Repayment loans secured on dwellings

Total Fixed-rate loans

Unsecured repayment

loans

Source: Norges Bank

1) See footnote 1 in Chart 12) Negative net percentage balances indicate tighter credit standards

Chart 2 Change in credit standards for approving loans to households. Factors affecting credit standards. Net percentage balances1)

Economic outlook

Credit standards2)

Banks’ appetite for

risk

Factors affecting credit standards

Funding

Maximum loan-to-income

ratio

Lending margins

Interest-only periods

Maximum loan-to-value

ratio

1) See footnote 1 in Chart 12) Positive net percentage balances for lending margins indicate higher

lending margins and therefore tighter credit standards. Negative net percentage balances for maximum LTI ratio, maximum LTV ratio and use of interest-only periods indicate tighter credit standards

Source: Norges Bank

Chart 3 Change in loan conditions for households. Net percentage balances1), 2)

Source: Norges Bank

Credit demand from non-financial corporations

Drawdowns of credit lines

Chart 4 Credit demand from non-financial corporations and drawdowns of credit lines. Net percentage balances1), 2)

1) See footnote 1 in Chart 1 2) Positive net percentage balances indicate increased demand or

increased drawdowns of credit lines

Source: Norges Bank

Total Commercial real estate

1) See footnote 1 in Chart 1 2) Negative net percentage balances indicate tighter credit standards

Chart 5 Change in credit standards for approving loans to non-financial corporations. Net percentage balances1), 2)

Source: Norges Bank

Funding

Chart 6 Factors affecting credit standards for approving loans to non-financial corporations. Net percentage balances1), 2)

1) See footnote 1 in Chart 1 2) Negative net percentage balances indicate that the factor has contributed to

tighter credit standards3) A new factor introduced in Q4 2008

Economic outlook

Capital-adequacy3)

Banks’ appetite for risk

Sector-specific outlook

Equity requirements

Lending margins FeesCollateral

requirements

Chart 7 Change in loan conditions for non-financial corporations. Net percentage balances1), 2)

1) See footnote 1 in Chart 12) Positive net percentage balances for lending margins indicate higher

lending margins. Positive net percentage balances for lending margins, equity requirements, collateral requirements and fees indicate tighter credit standards

Source: Norges Bank