Steady Economic Growth in Norway Has Driven Bank Lending, Thereby, Sustaining the Net Interest Income - Norway Retail Banking Industry: An Analysis.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c49130) has announced the addition of Norway Retail Banking Industry: An Analysis to their offering.

This report contains a detailed study of the Norway retail banking industry and its various segments. Banks, with over 50% market share, are a dominant part of the country's financial system. Most of the banks are conglomerates or large alliances of smaller banks. The report employs Micheal Porters Five Forces model and the PEST framework for analysis.

The report also profiles the leading firms of the industry - Nordea Retail Bank, DnB Nor, Terra Gruppen, SEB, SpareBank1, Skandia Bank - and outlines their competitive positioning. It also talks about the strategies adopted by these firms in details. The report finally ends with a broad future outlook regarding the industry and its overall performance.

Content Outline:

1. Introduction

2. Market Dynamics

3. PEST Analysis 

4. Michael Porters Five Forces Analysis

5. Competitive Landscape

6. Industry Outlook

Appendix I: Price List for Offered Services (Nordea & SEB)

Appendix II: International Conferences and Annual Meetings

The Canadian Life and Health Insurance Association (CLHIA)

The Insurance Brokers Association of Ontario (IBAO)

Canadian Insurance Accountants Association

Appendix III: Industry Associations and Organizations

Norwegian Financial Services Association

Norwegian Savings Banks Association

List of Tables

List of Figures

In 2005, the Norwegian retail banking sector posted robust growth in total assets and higher return on equity (ROE), continuing the upward trend seen since the economic upswing in 2003. Steady economic growth in Norway has driven bank lending, thereby, sustaining the net interest income despite a downward pressure on lending margins. Non-performing loans dropped to 0.8% of the total loan volume in 2005, from 1.1% in 2004.

In the last five years, the Norwegian retail banking sector has undergone consolidation, with entry of Nordic banks, such as Sweden-based Nordea bank and Denmark's Danske Bank. These foreign banks have acquired domestic banks to establish regional presence.

Key Findings:

- Low interest rates have fuelled high growth in private consumption and investment. According to Norges Bank's June Inflation Report, interest rate can be raised to a normal level to sustain a steady economic growth

- Banks are strengthening their internet banking facilities by adopting and increasing use of technologies, such as mobile banking and eFaktura

- Household debt is increasing in the country, entailing a risk of unstable economic development in the future. However, households' ability to service debt remains strong, as the ratio of interest expenditure to disposable income is low.

Companies Mentioned:

- Nordea

- DnB

- Terra Gruppen

- SEB

- SpareBank1

- Skandia Bank

For more information visit http://www.researchandmarkets.com/reports/c49130