TERMIUM Plus®

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loan approval [1 record]

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Record 1 1994-12-06

English

Subject field(s)
  • Loans
CONT

Credit quality in Norway deteriorated in the past few years. The strong rise in business failures has its genesis in the huge credit expansion that took place in the mid-1980's following deregulation of the banking system. When the banks were deregulated in 1984, they became lax in their loan approvals and credit checks.

French

Domaine(s)
  • Prêts et emprunts
CONT

En Norvège, la qualité du crédit s'est détériorée au cours des dernières années. L'expansion extraordinaire du crédit au milieu des années 80, par suite de la déréglementation du système bancaire, est à l'origine de la formidable progression du nombre de faillites d'entreprises. Lors de leur déréglementation, en 1984, les banques ont relâché leurs critères d'approbation des prêts et de vérification du crédit.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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