(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.
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.