Financial Assets of Financial Corporations
Total financial assets of the financial institutions stood at 18,287 b.kr., at the end of 3rd quarter of 2021. The main changes between quarters are that shares and other equity increased by 312.9 b.kr. and loans increased by 146.3 b.kr. Total liabilities of financial corporations amounted to 18,457 b.kr and main changes are that insurance technical reserves increased by 282.9 b.kr. Net financial liabilities amounted to 170.0 b.kr. at the end of 3rd quarter of 2021.
Households’ loans from Financial Corporations at the end of 3rd quarter of 2021 stood at 2,604.8 b.kr. thereof 2,168.4 b.kr. in mortgage loans. Non-financial corporations’ loans from Financial Corporations stood at 1,873.6 b.kr. Non-financial corporations’ securities owned by Financial Corporations stood at 418.3 b.kr. at the end of 3rd quarter of 2021.
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.