Norges Bank Financial Stability Report No.2, 2004

The central bank of Norway, Norges Bank, has published its twice yearly Financial Stability Report 2/2004. "The short-term outlook for financial stability is regarded as satisfactory and somewhat improved compared with the situation six months ago," said Governor Svein Gjedrem presenting the report on Tuesday 30 November.

"Results in Norwegian banks are better than they have been for several years. Loan losses have dropped sharply. The solid profits achieved are enabling banks to increase thei

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