The Financial Supervisory Authority of Norway has published its report on financial undertakings' use of the lending regulation's flexibility quotas in the first quarter of 2026, showing that the share of new loans granted outside the regulation's requirements was somewhat higher than in the previous quarter. The increase covered residential mortgage loans, consumer loans and loans secured on assets other than housing. The lending regulation allows financial undertakings to grant a limited share of loans that exceed one or more regulatory requirements through a flexibility quota. Firms providing these loan types must report quarterly to their board, or to the management of foreign financial undertakings, on their use of the quota. The report draws on quarterly data collected from a sample of Norwegian and foreign financial undertakings on total lending volumes and the volume of loans that deviated from each requirement in the regulation.
Norwegian Finanstilsynet2026-05-26
Financial Supervisory Authority of Norway reports higher first quarter 2026 use of lending regulation flexibility quotas across mortgages consumer loans and other secured lending
The Financial Supervisory Authority of Norway reported that the share of new loans granted under flexibility quotas outside the lending regulation’s requirements rose slightly in the first quarter of 2026, covering residential mortgage loans, consumer loans and loans secured on assets other than housing. The report is based on quarterly data from a sample of Norwegian and foreign financial undertakings on total lending volumes and deviations from each regulatory requirement.