Financial assets of financial corporations
Total financial assets of the financial institutions stood at 10.123 b.kr., at the end of 4th quarter of 2016. The main changes in the 4th quarter are that currency and deposits increase by 16 b.kr. and securities other than shares increase by 19 ba.kr. Accounts receivable decrease by 62 b.kr. Financial corporation’s total liability amounted to 10.183 b.kr. Net financial liabilities amounted to 60 b.kr. at the end of 4th quarter 2016.
The financial accounts have been updated and the main changes are the following:
- Four financial corporations which were categorized as other financial intermediaries in winding-up proceedings are from December 2015 categorized as other financial corporations.
- From January 2009 securities corporations and microcredit companies are added to other financial corporations.
- From January 2009 finacial auxilliaries are added to the financial accounts. The are included in other financial corporations.
The financial accounts are published as a total balance sheet for financial corporations but also by sectors and counter parties.
Time series are published for all financial corporations and also by sectors. The time series for non-financial corporations´ debt to financial corporations show the debts classified by type of lenders and by type of loans. It also includes non-financial corporations´ securities owned by financial corporations. The time series for household debts show the debts classified by lenders and by type of loans. It also includes mortgage loans classified by type.
The financial accounts are published according to the International Monetary Fund´s standard for monetary and financial statistics.
Statistics Iceland publishes Financial Accounts for all sectors on its website.