Sector lending (registered banks and non-bank lending institutions) - C5

05 April 2017 03:00 p.m.
Next release
09 May 2017 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Feb 2015 Feb 2016 Oct 2016 Nov 2016 Dec 2016 Jan 2017 Feb 2017
Housing ($m)
Total 198,544 213,611 227,323 228,665 230,210 231,510 232,448
Registered banks1 196,889 212,186 225,765 227,113 228,561 229,864 230,804
Non-bank lending institutions2 1,655 1,426 1,558 1,551 1,650 1,646 1,644
Personal consumer ($m)
Total 14,052 14,587 14,746 14,927 15,155 15,107 15,205
Registered banks3 9,824 10,256 10,303 10,446 10,590 10,527 10,579
Non-bank lending institutions2 4,227 4,331 4,443 4,480 4,565 4,580 4,626
Housing and personal consumer ($m)
Total 212,595 228,198 242,069 243,591 245,366 246,618 247,653
Registered banks 206,713 222,442 236,068 237,560 239,151 240,391 241,383
Non-bank lending institutions 5,882 5,757 6,001 6,032 6,214 6,226 6,270
Business ($m)
Total 89,728 96,169 102,343 100,836 102,561 102,634 103,441
Registered banks3 84,691 91,046 97,390 95,866 97,548 97,655 98,481
Non-bank lending institutions2 5,037 5,123 4,953 4,970 5,014 4,979 4,960
Agriculture ($m)
Total 52,744 57,283 59,129 59,392 59,236 59,355 59,302
Annual growth rate (%)
Housing4 4.8 7.6 9.0 8.9 9.1 9.0 8.8
Personal consumer4 5.8 3.8 3.3 3.5 4.2 4.4 4.2
Housing and personal consumer4 4.9 7.3 8.7 8.6 8.8 8.7 8.5
Business4 4.5 7.2 8.2 5.0 7.5 6.6 7.6
Agriculture4 4.8 8.6 3.7 3.9 3.9 3.6 3.5
  1. Loans fully secured on residential property for business use are included under business or agriculture loans. A long run series can be found in Sector lending - C5.
  2. A list of series breaks for Household Funding and Sector Lending are available in the background notes.
  3. A long run series can be found in Sector lending - C5.
  4. Annual growth rates have been break-adjusted, reflecting the underlying market change.

Coverage, Periodicity, and Timeliness of Data


Lending by registered banks and non-bank lending institutions (NBLIs) for the following purposes:

  • Housing
  • Personal consumer
  • Business
  • Agriculture

Data is sourced from the Reserve Bank’s Bank Balance Sheet Survey and Non-bank Standard Statistical Return.

The Bank Balance Sheet Survey started in 31/12/2016. Data prior to 31/12/2016 has been estimated from the Bank Standard Statistical Return (SSR).

Data is reported at market values, where applicable, as at the end of the reporting period.

Data covers assets and liabilities denominated in both NZ dollars and foreign currency. Assets and liabilities denominated in foreign currency are converted into New Zealand dollars in accordance with NZ GAAP.

Periodicity and Timeliness

Data is published monthly, approximately 5 weeks after the end of the reference month.

Access by the Public

Data Release

Data is released on the Reserve Bank’s website

Statistics Release Calendar

The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.


Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses

Data are collected under Sections 36 and 93 of The Reserve Bank of New Zealand Act (1989).

The Reserve Bank publishes aggregated data. Individual institutional data is confidential.

Provision of information about revisions and advance notice of major changes in methodology

Revisions are generally published when the table is next due to be updated and released. Should revisions need to be made more promptly, a note is posted on the website as a ‘special note'.

Any major changes in methodology are posted on the website as a ‘special note’.


Dissemination of documentation on methodology and sources used in preparing statistics

A copy of the survey template and definitions is available.


Dissemination of statistics that support statistical cross-check and provide assurance of reasonableness

Disclosure statements published by registered banks offer checks for reasonableness.

Series breaks

Series breaks occur when data are affected by survey changes that are not 'organic' but arise from one period to another because of factors such as the introduction of a new bank to the survey; a bank relinquishing its registration; the sale of assets; merger with another institution or a change in substance in business practice that interrupts a 'like for like' time series.

The sector lending annual growth rates have are adjusted for series breaks.

Series breaks for key balance sheet components for registered banks and non-bank lending institutions (NBLIs) (PDF 21KB) are displayed for these tables.


Registered banks and non-bank lending institutions

Registered banks

Consolidated banking group of banks operating in New Zealand and registered by the Reserve Bank of New Zealand.

Non-bank lending institutions (NBLIs)

NBLIs are financial institutions with total assets of $5m or more at the consolidated group level, whose principal business is credit provision and borrowing money from the public and/or other sources.

Loan purpose


Housing comprises:

  • Owner occupier property use
  • Residential investor property use

Personal consumer loans

Personal or consumer loans which are not fully secured on residential property including overdrafts, credit cards, and term loans.

Business loans

Business loans comprise:

  • Loans (for business use) to non-financial businesses which are fully secured by residential mortgage.
  • Loans to non-financial businesses which not fully secured by residential mortgage

Excludes agriculture loans.

Agriculture loans

Business loans to the for agriculture purposes (ANZSIC06)  including:

  • Dairy farming
  • Sheep, beef cattle and grain farming
  • Horticulture
  • Other agriculture on farm

Does not include any loans to the agriculture industry for residential investor property use.

Symbols and conventions

0 Value rounded to zero
- Zero or not applicable
.. Not available
bold Revised/new
italics Provisional

General notes

  • Individual figures may not sum to the totals due to rounding
  • Percentage changes are calculated on unrounded numbers
  • You are free to copy, distribute and adapt these statistics subject to the conditions listed on our copyright page.