Loss on banks' agricultural loans unchanged

Banking and mortgage lending, balances, January 2019.
Published 27 February 2019
2018 offered a warm and dry summer while prices on agricultural products decreased. As a result the conditions for the agricultural sector have been difficult. Still losses on banks' agricultural loans have been limited compared to previous years. In 2018 banks lost kr. 1.5 billion, which is 3 per cent below the loss in 2017 and markedly lower than 2016.