Non banks: Claims ($m) - T3

Released
31 January 2017 03:00 p.m.
Next release
09 May 2017 03:00 p.m.
Source
Reserve Bank of New Zealand
Periodicity
Quarterly
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 305 990 1,012 939 193 196
C1.2 2 > 90 days 149 168 183 186 146 194
C1.3 90 days < 1 year 108 141 149 143 150 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 193 191 227 227 233 231
C1.9 Total 764 1,516 1,576 1,501 722 715
C2 Claims on residents (excluding registered banks)
C2.1 Call - overdraft,revolving credit 1,335 1,220 1,337 1,296 1,241 1,317
C2.2 2 < 90 days 1,806 1,848 1,855 1,957 1,979 2,033
C2.3 90 days < 1 year 1,017 1,309 1,281 1,301 1,316 1,376
C2.4 1 year < 2 years 1,059 1,179 1,162 1,215 1,243 1,274
C2.5 2 years < 3 years 833 898 822 815 831 826
C2.6 3 years < 4 years 515 528 454 443 503 510
C2.7 4 years < 5 years 405 475 402 371 343 338
C2.8 5 years + 560 515 493 388 285 295
Unallocated 1,943 1,933 2,027 2,026 2,110 2,104
C2.9 Total 9,471 9,906 9,832 9,810 9,852 10,072
C3 Claims on non-residents
C3.1 Call - overdraft,revolving credit - - - - - -
C3.2 2 < 90 days 26 26 34 26 26 26
C3.3 90 days < 1 year - 58 284 376 404 458
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 22 12 12 12 22 22
C3.9 Total 48 96 330 414 452 506
C4 Total claims
C4.1 Call - overdraft,revolving credit 1,640 2,210 2,349 2,234 1,433 1,513
C4.2 2 < 90 days 1,981 2,042 2,071 2,170 2,151 2,253
C4.3 90 days < 1 year 1,125 1,508 1,714 1,819 1,870 1,928
C4.4 1 year < 2 years 1,069 1,206 1,168 1,221 1,243 1,274
C4.5 2 years < 3 years 833 898 822 815 831 826
C4.6 3 years < 4 years 515 528 454 443 503 510
C4.7 4 years < 5 years 405 475 402 371 343 338
C4.8 5 years + 560 515 493 388 285 295
Unallocated 2,157 2,136 2,266 2,265 2,365 2,357
C4.9 Total 10,283 11,518 11,738 11,725 11,025 11,293

Non-bank lending institutions (T1-T4)

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.

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.

The NBLI SSR does not include group investment funds, unit trusts and various fund managers, friendly societies and life insurance-related intermediaries. This class of NBLI is included in the Bank’s quarterly and annual managed funds survey.

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 all non-bank lending institutions are displayed in the table below.

All non-bank lending institutions (NBLIs)

Series breaks

Loans

Less: Counter-part funding

Total Assets (A15)

Memo: House-hold Deposits

Break date

Table C5

Table C6

Agriculture

Business

Housing

Consumer

May 16


-39

 


-39


Sep 15




+57


+62


Dec 12

-519

-891

-279

-375


-2,343

-1,482

Dec 11

-1,082

-114

-170

-1,290

-1,177

Dec 10

-6

-117

-143

-123

Dec 09

-175

-144

-144

-175

Jun 09

718

1,158

Dec 08

-400

-328

-1,631

-104

-301

-2,323

-1,859

Sep 06

-555

Series breaks last updated: 29 July 2016

Household securitised assets

Under International Financial Reporting Standards (IFRS), securitised assets form part of NBLI balance sheets. However, securitised household loans are not included in total assets in the NBLI SSR, nor is the counterpart funding included in liabilities (in table T1).

To calculate the total asset and liabilities of NBLIs the counterpart funding (CC1.12 and E8.10 in table T4) must be added to total liabilities (A6 in table T1) and total assets (A15 in table T1). Note that securitised business loans and their corresponding liabilities on the other hand are included in table T1.

C1-4 New Zealand dollar claims

The total for this category (C4.9) equals A10.7 in table T1. 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.