Editorial
Summary
1. International developments and Norwegian securities markets 1.1 The global picture 1.2 Continued large financial imbalances in the US 1.3 International banking industry 1.4 International securities markets 1.5 Securities markets in Norway
Boxes: - Global house prices and credit growth - Market-based indicators of banks' financial position
2. Macroeconomic developments, households and enterprises 2.1 The macroeconomic environment 2.2 Households 2.3 The enterprise sector
Box: - Effects of a fall in household consumption on the enterprise sector
3. Financial institutions 3.1 Developments in banks' results and financial strength 3.2 Risk outlook for banks 3.3 Other financial institutions
Boxes: - Merger of DnB and Gjensidige NOR - effect on financial stability? - Nordic agreement on the handling of financial crises - Inclusion of the Norwegian krone in CLS - Economic shocks, monetary policy and financial stability
Annex: Statistics
The cut-off date for this report was 19 November 2003
Financial Stability 2/2003 in PDF-format
Charts in PowerPoint. (Store the file, call it up in PowerPoint, and then double-click on individual charts in order to gain access to the underlying data.)
Tables in Excel-format