Financial Assets of Financial Corporations
Total financial assets of the financial institutions stood at 16,488 b.kr., at the end of 4th quarter of 2020. The main changes between quarters are that securities other than shares decreased by 137.5 b.kr. and shares and other equity increased by 318.2 b.kr. Total liabilities of financial corporations amounted to 16,631 b.kr. Net financial liabilities amounted to 142.7 b.kr. at the end of 4th quarter 2020.
Households’ loans from Financial Corporations at the end of 4th quarter of 2020 stood at 2,448.7 b.kr. thereof 1,972.9 b.kr. in mortgage loans. Non-financial corporations’ loans from Financial Corporations stood at 1,838.6 b.kr. Non-financial corporations’ securities owned by Financial Corporations stood at 417.1 b.kr. at the end of 4th quarter of 2020.
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.