Financial assets of financial corporations
Total financial assets of the financial institutions stood at 13.450 b.kr., at the end of 4th quarter of 2018. The main changes between quarters are that currency and deposits decreased by 74.7 b.kr. and securities other than shares increased by 57.6 b.kr. Shares and other equity decreased by 32.4 b.kr. Financial corporation’s total liability amounted to 13.586 b.kr. Net financial liabilities amounted to 136.9 b.kr. at the end of 4th quarter 2018.
The financial accounts have been updated and the main changes are the following:
From 4th quarter 2016, captive financial institutions (S.127) are added to the financial accounts. The financial accounts now cover the whole financial sector as defined by ESA2010.
4 financial corporations which were categorized as other financial intermediaries in winding-up proceedings are from December 2015 categorized as other financial corporations.
From 1st quarter 2009 securities corporations and microcredit companies are added to the sector.
From 1st quarter 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 European System of Accounts (ESA2010) and International Monetary Fund´s standard for monetary and financial statistics.
Statistics Iceland publishes Financial Accounts for all sectors on its website.