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27.04.202606:14:59UTC+00Norway Loan Debt Growth Slows in March

Norway’s total domestic loan debt held by the general public rose by 4.4% year-on-year to NOK 7.90 billion at the end of March 2026, easing slightly from a 4.6% increase in February. Loan growth to non-financial corporations slowed to 3.7%, with outstanding debt reaching NOK 2.45 billion, compared with 4.1% growth and NOK 2.39 billion a month earlier. Household loan debt growth was unchanged at 4.7% for the third consecutive month. By contrast, credit activity picked up for municipal governments, with loan growth accelerating to 5.1% from 4.9%. On a seasonally adjusted, annualised one‑month basis, total lending growth in March was 3.7%, down from an upwardly revised 4.2% in the previous period.

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