Financial Assets of Financial Corporations

05. June

Q1/2020

Total financial assets of the financial institutions stood at 15,652 b.kr., at the end of 1st quarter of 2020. The main changes between quarters are that securities other than shares increased by 408.5 b.kr., loans increased by 148,3 b.kr. and shares and other equity decreased by 226.0 b.kr. Total liabilities of financial corporations amounted to 15,767 b.kr. Net financial liabilities amounted to 115.5 b.kr. at the end of 1st quarter 2019.

Households’ loans from Financial Corporations at the end of 1st quarter of 2020 stood at 2,219.3 b.kr. thereof 1,806.3 b.kr. in mortgage loans. Non-financial corporations’ loans from Financial Corporations stood at 1,860.0 b.kr. including provisions and Non-financial corporations’ securities owned by Financial Corporations stood at 398.0 b.kr. at the end of 1st quarter of 2020.

Data on Other financial intermediaries is revised from the 4th quarter of 2016 because of improved methodology.
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 The International Monetary Fund´s standard for monetary and financial statistics.

Statistics Iceland publishes Financial Accounts for all sectors on its website.

Financial Accounts on Statistics Iceland website


Supervisor: Statistics | fjarmalamarkadir@sedlabanki.is