The bank margin increases in the second quarter, after remaining stable throughout the first quarter. A loan with a 3-year maturity and 50 percent leverage achieves an average bank margin of 220 basis points, following a 7-point increase since the first quarter.

There is significant variation within the field, and we observe that banks are increasingly competing for the safest engagements. The top customers achieve an average margin of 186 basis points, which is 4 basis points lower than in the first quarter.

Since the first quarter, the 5-year swap rate has increased, causing the overall loan financing rate to rise by approximately 60 basis points. A loan with a 3-year maturity and 50 percent leverage achieves a total financing rate of 5.94 percent.

Do you want to know more about the findings from the banking survey? Please contact Robert Nystad at nystad@union.no or 906 19 758.