Non banks: Claims ($m) - T3

Released
09 May 2017 03:00 p.m.
Next release
31 July 2017 03:00 p.m.
Source
Reserve Bank of New Zealand
Periodicity
Quarterly
Previous years: Quarterly:
Mar 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017
C1 Claims on registered banks
C1.1 Call - overdraft, revolving credit 279 1,012 939 193 196 202
C1.2 2 > 90 days 276 183 186 146 194 146
C1.3 90 days < 1 year 79 149 143 150 94 159
C1.4 1 year < 2 years 16 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 195 227 227 233 231 231
C1.9 Total 844 1,576 1,501 722 715 738
C2 Claims on residents (excluding registered banks)
C2.1 Call - overdraft,revolving credit 1,327 1,337 1,296 1,241 1,317 1,312
C2.2 2 < 90 days 1,844 1,855 1,957 1,979 2,033 2,075
C2.3 90 days < 1 year 1,108 1,281 1,301 1,316 1,376 1,317
C2.4 1 year < 2 years 1,051 1,162 1,215 1,243 1,274 1,304
C2.5 2 years < 3 years 841 822 815 831 826 884
C2.6 3 years < 4 years 507 454 443 503 510 528
C2.7 4 years < 5 years 409 402 371 343 338 346
C2.8 5 years + 576 493 388 285 295 301
Unallocated 2,011 2,027 2,026 2,110 2,104 2,104
C2.9 Total 9,674 9,832 9,810 9,852 10,072 10,170
C3 Claims on non-residents
C3.1 Call - overdraft,revolving credit - - - - - -
C3.2 2 < 90 days 26 34 26 26 26 26
C3.3 90 days < 1 year - 284 376 404 458 461
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 12 12 12 22 22 22
C3.9 Total 38 330 414 452 506 508
C4 Total claims
C4.1 Call - overdraft,revolving credit 1,606 2,349 2,234 1,433 1,513 1,514
C4.2 2 < 90 days 2,145 2,071 2,170 2,151 2,253 2,248
C4.3 90 days < 1 year 1,187 1,714 1,819 1,870 1,928 1,936
C4.4 1 year < 2 years 1,067 1,168 1,221 1,243 1,274 1,304
C4.5 2 years < 3 years 841 822 815 831 826 884
C4.6 3 years < 4 years 507 454 443 503 510 528
C4.7 4 years < 5 years 409 402 371 343 338 346
C4.8 5 years + 576 493 388 285 295 301
Unallocated 2,218 2,266 2,265 2,365 2,357 2,357
C4.9 Total 10,556 11,738 11,725 11,025 11,293 11,416

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).

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

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.

The Reserve Bank has commenced a review of the statistical reporting of non-bank entities. The suite of non-bank statistics currently includes the following tables:

During the initial review phase we have identified that these tables are rarely used. We plan to discontinue the release of these tables from July 2017. The data will still be available for users on request. Please email your request to stats-info@rbnz.govt.nz.

This change initiative is part of a comprehensive review of statistical reporting of non-bank entities. We are reviewing the reporting to create more coherent and comparable statistics, which are better aligned with international standards. We currently plan to complete the review in 2018 and expect further changes to non-bank statistics. 

We invite your feedback on user requirements for non-bank statistics.

Please email your comments to
stats-info@rbnz.govt.nz.

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.