Non-deposit taking finance companies: Claims ($m) - T33

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 206 922 862 107 92 113
C1.2 1 < 90 days 133 8 8 6 8 9
C1.3 90 days < 1 year - - - - - -
C1.4 1 year < 2 years - - - - - -
C1.5 2 years < 3 years - - - - - -
C1.6 3 years < 4 years - - - - - -
C1.7 4 years < 5 years - - - - - -
C1.8 5 years + - - - - - -
Unallocated 59 60 60 66 66 66
C1.9 Total 399 990 929 179 166 188
C2 Claims on residents (excluding registered banks)
C2.1 Call - overdraft, revolving credit 1,151 1,173 1,129 1,063 1,137 1,137
C2.2 2 < 90 days 479 463 582 615 666 701
C2.3 90 days < 1 year 649 806 818 824 875 835
C2.4 1 year < 2 years 731 832 869 880 876 895
C2.5 2 years < 3 years 697 667 666 673 658 724
C2.6 3 years < 4 years 459 405 395 449 453 472
C2.7 4 years < 5 years 377 362 330 303 295 303
C2.8 5 years + 436 342 247 157 160 171
Unallocated 1,551 1,568 1,567 1,649 1,649 1,649
C2.9 Total 6,529 6,616 6,604 6,612 6,769 6,887
C3 Claims on non-residents
C3.1 Call - overdraft,revolving credit - - - - - -
C3.2 2 < 90 days - 7 - - - -
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 12 304 388 426 480 482
C4 Total claims
C4.1 Call - overdraft, revolving credit 1,357 2,095 1,991 1,170 1,229 1,250
C4.2 2 < 90 days 613 479 590 621 674 710
C4.3 90 days < 1 year 649 1,090 1,194 1,228 1,333 1,296
C4.4 1 year < 2 years 731 832 869 880 876 895
C4.5 2 years < 3 years 697 667 666 673 658 724
C4.6 3 years < 4 years 459 405 395 449 453 472
C4.7 4 years < 5 years 377 362 330 303 295 303
C4.8 5 years + 436 342 247 157 160 171
Unallocated 1,621 1,639 1,639 1,736 1,736 1,736
C4.9 Total 6,940 7,910 7,920 7,217 7,414 7,557

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.

Non-deposit-taking finance companies (NDTFCs) are NBLIs that do not issue a prospectus or take deposits from the public. Funding for these institutions generally comes from 'wholesale' financial markets or from parent companies.

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.

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

Advance release calendar

The “Statistics Release Calendar” is also updated and released each Friday on the website. 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 merger with another institution or a change in substance in business practice that interrupts a 'like for like' time series comparison (e.g. simultaneous repayment of loans to one funder to be replaced by another, a change in business practice).

Non-deposit-taking finance companies

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


Sep 12

10

33




233


Dec 09

83

Jun 09

718

1,158

Mar 09

56

Sep 08

104

104

Mar 08

9

284

32

Sep 06

-555

Series breaks last updated: 29 July 2016

Non-deposit-taking finance companies are non-bank lending institutions that do not issue a prospectus or take deposits from the public. Funding for these institutions generally comes from 'wholesale' financial markets or from parent companies.

C1-4 New Zealand dollar claims

The total for this category (C4.9) equals A10.7 in table T31. 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.