T13 Savings institutions: Claims ($m)

Released
31 January 2017 03:00 p.m.
Next release
28 April 2017 03:00 p.m.
Source
Reserve Bank of New Zealand
Periodicity
Quarterly
Data files
T13 (2004-current) (XLS 43 KB)
Previous years: Quarterly:
Dec 2014 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016
C1 Claims on registered banks
C1.1 Call - overdraft, revolving credit 18 21 27 17 20 39
C1.2 2 < 90 days 69 133 169 173 135 180
C1.3 90 days < 1 year 106 141 149 143 150 94
C1.4 1 year < 2 years 9 26 6 6 - -
C1.5 2 years < 3 years - - - - - -
C1.6 3 years < 4 years - - - - - -
C1.7 4 years < 5 years - - - - - -
C1.8 5 years + - - - - - -
Unallocated 60 59 78 78 78 76
C1.9 Total 263 380 428 416 382 389
C2 Claims on residents (excluding registered banks)
C2.1 Call - overdraft, revolving credit 146 138 147 151 163 164
C2.2 2 < 90 days 250 290 286 280 268 261
C2.3 90 days < 1 year 215 270 259 267 273 286
C2.4 1 year < 2 years 195 163 170 192 209 226
C2.5 2 years < 3 years 62 70 70 73 76 81
C2.6 3 years < 4 years 2 4 5 7 11 12
C2.7 4 years < 5 years 0 4 7 11 11 12
C2.8 5 years + 91 112 113 110 108 121
Unallocated 170 166 161 161 161 157
C2.9 Total 1,132 1,216 1,217 1,250 1,279 1,319
C3 Claims on non-residents
C3.1 Call - overdraft, revolving credit - - - - - -
C3.2 2 < 90 days - - - - - -
C3.3 90 days < 1 year - - - - - -
C3.4 1 year < 2 years - - - - - -
C3.5 2 years < 3 years - - - - - -
C3.6 3 years < 4 years - - - - - -
C3.7 4 years < 5 years - - - - - -
C3.8 5 years + - - - - - -
Unallocated 10 - - - - -
C3.9 Total 10 - - - - -
C4 Total claims
C4.1 Call - overdraft,revolving credit 164 158 174 167 183 202
C4.2 2 < 90 days 319 423 455 453 402 441
C4.3 90 days < 1 year 322 411 408 410 422 380
C4.4 1 year < 2 years 204 190 175 198 209 226
C4.5 2 years < 3 years 62 70 70 73 76 81
C4.6 3 years < 4 years 2 4 5 7 11 12
C4.7 4 years < 5 years 0 4 7 11 11 12
C4.8 5 years + 91 112 113 110 108 121
Unallocated 240 224 239 239 239 233
C4.9 Total 1,405 1,596 1,645 1,666 1,661 1,707

The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

Since December 2004, the Bank has conducted a quarterly survey of non-bank financial 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.

Savings institutions are NBLIs with a prospectus on issue, enabling them to take deposits from the public. They include registered building societies and credit unions.

Data is sourced from the Non-Bank Standard Statistical Return (SSR). The SSR obtains balance sheet data from NBLIs using the same template as for registered banks, with lesser completion requirements.

Figures are aggregates of each data cell of the actual survey templates. Data are in millions of New Zealand dollars and are collected as at the last business day of the quarter.

There are aggregates for NBLIs classified as savings institutions, deposit taking finance companies and non-deposit taking finance companies, as well as all NBLIs.

The assets and liabilities summary present a summarised balance sheet, excluding securitised loan assets and counterpart funding. Funding and claims are broken down by maturity or sector.

Balance sheet figures reported by the surveyed financial institutions conform to generally accepted accounting practice adopted by the institutions. In particular, values may be at book or ‘marked to market' according to appropriate practice for the instruments involved.

Where possible the resident/non-resident distinction in these tables is based on the geographical location of respondents and counterpart transactions. To facilitate statistical reporting however, the New Zealand income tax rules on residency are accepted as an approximation, and are the predominant definition.

Periodicity

Quarterly, as at the last business day.

Timeliness

On or before the last business day of the month after the end of the reference quarter.

Access by the public

Statistics release calendar

The "Statistics Release Calendar" is updated and released on the last working day of the month. This is a long-term plan of scheduled releases.

Integrity

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

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

The Reserve Bank of New Zealand publishes only aggregated data. Individual institutional data is confidential.

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

Provisional data are italicised. Data are deemed provisional when a series is under review. New data, or revised data, are in bold font. 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.

Quality

Dissemination of documentation on methodology and sources used in preparing statistics

An Excel Template is completed and returned each quarter by NBLIs.

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

Deposit-taking finance companies and savings institutions provide prospectus disclosure annually, in addition to statutory reports, which enable checks for reasonableness.

Series breaks

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

Series breaks for key balance sheet components for savings institutions are displayed in the table below.

Savings institutions

Series breaks

Loans

Less: Counter-part funding

Total Assets (A15)

Memo: House-hold Deposits

Break date

Table C5

Table C6

Agriculture

Business

Housing

Consumer

Dec.12

-529

-901

-279

-366


-2,042

-1,535

Dec.11



-1,082

-114

-170

-1,290

-1,177

Mar.11

116

569

-15

470

161

1,075

847

Dec.10

-6


-117



-143

-123

Dec. 08

-400

-264

-1,631

-88

-301

-2,225

-1,859

Series breaks last updated: 31 January 2013

Savings institutions are non-bank lending institutions with a prospectus on issue, enabling them to take deposits from the public. They include registered building societies and credit unions.

C1-4 New Zealand dollar claims

The total for this category (C4.9) equals A10.7 in table T11. The concept of ‘time to rate reset' is to the next rate reset, or expiry of the contractual term of the claims, whichever is first. Where no contractual expiry is specified but the funds are not at call, allocations are to the time at which first notice of repayment may be made.

Revolving credit is expected to appear as call or ‘on demand' lending, unless internal systems are set for some alternative, such as legal notice.

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.