Note 12 - Credit institutions - loans and advances

Parent Bank Loans and advances to credit institutions Group
2009 2010 2011 (NOK million) 2011 2010 2009
             
2,477 2,872 3,962 Loans and advances without agreed maturity or notice of withdrawal 1,486 397 143
-   22 1,070 Loans and advances with agreed maturity or notice of withdrawal 1,070 22 10
2,477 2,894 5,033 Total 2,557 420 153
             
      Specification of loans and receivables on key currencies      
  4   16 52 USD 52 16 4
  16   9 17 EUR 17 9 16
-   22 22 ISK 22 22 -
2,374 2,827 4,921 NOK 2,445 353 50
  83   20 20 Other 20 20 83
2,477 2,894 5,033 Total 2,557 420 153
             
3.0 % 3.0 % 3.4 % Average rate credit institutions 2.7 % 3.0 % 3.0 %
             
             
             
      Deposits from credit institutions      
2009 2010 2011 (NOK million) 2011 2010 2009
             
5,649 4,084 2,624 Loans and deposits from credit institutions without agreed maturity or notice of withdrawal  2,624 4,084 5,649
1,343 4,660 3,608 Loans and deposits from  credit institutions with agreed maturity or notice of withdrawal  3,608 4,660 1,343
6,992 8,743 6,232 Total 6,232 8,743 6,992
             
      Funding from central govt. via swap arrangement with agreed term       
4,318 4,318 2,886 or notice period 2,886 4,318 4,318
4,318 4,318 2,886 Total 2,886 4,318 4,318
11,310 13,062 9,118 Total 9,118 13,062 11,310
             
             
      Specification of debt on key currencies      
  85 1,028 556 USD 556 1,028 85
  414   544 358 EUR 358 544 414
10,794 11,118 7,837 NOK 7,837 11,118 10,794
  17   372 366 Other 366 372 17
11,310 13,062 9,118 Total 9,118 13,062 11,310
             
2.5 % 2.7 % 2.9 % Average rate credit institutions 2.9 % 2.7 % 2.5 %

Deposits from and loans to credit institutions with mainly floating interest.

The average interest rate is calculated with a basis in interest income/interest expense in relation to the holding accounts’ average balance for the year concerned. Limited, however, to holdings in accounts denominated in NOK.

Annual report and notes

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