For some banks lending increases by more than 50 per cent year-on-year. The strong growth in lending is clearly reflected in the composition of the banks' balance sheets. The difference between banks’ lending and deposits has increased considerably in recent years. Total lending now exceeds total deposits by a three-digit billion kroner amount.
So the banks have become increasingly dependent on financial markets to raise money-market loans from other banks and to issue securities both nationally and internationally. The individual bank will also find it important to maintain access to these sources of financing. These sources are more sensitive than traditional deposits to changes in market conditions and the assessment of the individual bank's financial performance.