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

02 June 2017 03:00 p.m.
Next release
04 July 2017 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Apr 2015 Apr 2016 Dec 2016 Jan 2017 Feb 2017 Mar 2017 Apr 2017
Housing ($m)
Total 200,399 216,884 230,210 231,510 232,448 233,747 234,694
Registered banks1 198,791 215,439 228,561 229,864 230,804 232,039 232,986
Non-bank lending institutions2 1,608 1,445 1,650 1,646 1,644 1,708 1,708
Personal consumer ($m)
Total 14,096 14,512 15,155 15,107 15,205 15,183 15,316
Registered banks3 9,856 10,152 10,590 10,527 10,579 10,496 10,635
Non-bank lending institutions2 4,239 4,360 4,565 4,580 4,626 4,688 4,681
Housing and personal consumer ($m)
Total 214,494 231,395 245,366 246,618 247,653 248,931 250,010
Registered banks 208,647 225,591 239,151 240,391 241,383 242,535 243,621
Non-bank lending institutions 5,848 5,805 6,214 6,226 6,270 6,396 6,389
Business ($m)
Total 91,882 97,839 102,561 102,634 103,441 104,201 105,253
Registered banks3 86,728 92,742 97,548 97,655 98,481 99,240 100,266
Non-bank lending institutions2 5,154 5,098 5,014 4,979 4,960 4,961 4,986
Agriculture ($m)
Total 53,634 57,672 59,236 59,355 59,302 59,190 59,247
Annual growth rate (%)
Housing4 5.0 8.2 9.1 9.0 8.8 8.7 8.2
Personal consumer4 5.5 3.0 4.2 4.4 4.2 4.9 5.5
Housing and personal consumer4 5.0 7.9 8.8 8.7 8.5 8.4 8.0
Business4 6.0 6.5 7.5 6.6 7.6 7.1 7.6
Agriculture4 6.6 7.5 3.9 3.6 3.5 2.7 2.7
  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.