OSLO, Jan 19 (Reuters) - Norwegian banks will tighten credit standards for households in the first quarter of 2017 after recent regulatory changes were introduced to rein in housing prices, a survey by the country’s central bank showed on Thursday. Credit demand from Norwegian households edged up in the fourth quarter of 2016 and rose by more than had been expected, Norges Bank said. Credit demand from companies was unchanged in the fourth quarter. The survey comprises the nine largest banks operating in Norway. Top banks include DNB, Nordea, Danske Bank and Handelsbanken. (Reporting by Terje Solsvik, editing by Gwladys Fouche)
Banks in Norway are set to tighten credit standards during Q1 2017, after a rise in household demand in the previous quarter, according to a survey of the country's nine biggest banks by the central bank. The Bank of Norway, which is responsible for overseeing and regulating financial institutions, said it would increase its lending criteria from January 1, 2017. Among the institutions taking part in the survey were Danske Bank, Handelsbanken, DNB and Nordea.