Foreign banks have been clearly taking over some of the retail loan market in Norway, based on the figures released by the Central Bank. In the last 13 years, branches and subsidiaries of foreign banks have gained over 6% of the market (rising their market share from 16.6% in 1999 to 22.7% at the end of 2012).
The largest banking group - DNB Bank has been the biggest victim on the market losing 7% in the market share in the same period. Having still nearly a third of the retail lending market, however, this trend should not come as a surprise...
Helgi Library 
