The Norwegian Financial Supervisory Authority has published its quarterly report on financial institutions’ use of the lending regulation’s flexibility quotas in the fourth quarter of 2025. The share of new housing-backed loans granted outside the regulation’s requirements increased from the previous quarter, both for loans in Oslo and outside Oslo, while the share of new consumer loans granted outside the requirements fell. For loans secured on assets other than housing, the deviation share was somewhat higher than in the preceding quarter. The lending regulation covers housing-backed loans, consumer loans and loans secured on assets other than housing, and allows institutions to grant a limited number of loans that exceed one or more requirements through a flexibility quota. Institutions must report quarterly to their board (or to management for foreign institutions), and the Authority compiles quarterly data from a selection of Norwegian and foreign institutions on total lending volumes and volumes granted outside specific regulatory requirements.
Norwegian Finanstilsynet 2026-02-24
Norwegian Financial Supervisory Authority reports higher share of new mortgages granted outside lending regulation requirements in Q4 2025
The Norwegian Financial Supervisory Authority released its quarterly report on financial institutions' use of lending regulation flexibility quotas for Q4 2025. The report noted an increase in housing-backed loans granted outside regulatory requirements, both in Oslo and elsewhere, while consumer loans outside requirements decreased. Loans secured on non-housing assets saw a slight rise in deviations from the previous quarter.