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New bank lending data to be published

Published:
On 2 June, Te Pūtea Matua - the Reserve Bank of New Zealand will publish new statistics from the monthly New Credit Flows Survey, making more data available to all users on our website.

The New Credit Flows Survey collects data from registered banks on new lending during the month and its associated weighted average interest rates.

This data will add to the wide range of information that is available to support the analysis of the New Zealand financial system and understanding the impact of monetary policy on new lending occurring every month.
The new statistical tables are as follows:

C70 New lending by purpose:

  1. Housing
  2. Business
  3. Agriculture
  4. Personal Consumer
  5. Other

C71 New lending fully secured by residential mortgage:

  1. Owner Occupied
  2. Residential Investor
  3. Business

Data in C71 table classifies all new lending fully secured by residential property into fixed and floating interest rate terms for all borrower types. It includes fixed terms of 6 months, 1 year, 18 months and 2-5 years for owner occupied and residential investor borrower types.

We will also publish detailed explanations of the methodology, technical notes and series descriptions with the published tables. Our New Credit Flows Procedures and Definitions document is already published on our website (New credit flows - Reserve Bank of New Zealand - Te Pūtea Matua (rbnz.govt.nz)).

The data in C70 and C71 tables can be used in conjunction with data from our Bank Balance Sheet (BBS) survey tables S31 and S33. Please note that the BBS data is stock data and New Credit Flows data is flow data.
Our current priority is to publish the monthly aggregated new lending values. In future, we intend to expand the publication to include the associated weighted average interest rates.
 
Publication date: 2 June 2023
Frequency: Monthly

Future publications


We are also looking at expanding our publications this year from financial reporting in the Bank Balance Sheet survey (BBS) and Loan to Valuation - New commitments (LVRNC).
Our proposed publications from BBS include:

  • Deposits by repricing, from the tab “Liabilities by repricing”
  • Deposits by size, from the tab “Deposits by size”
  • Asset Quality by business size, from the tab “Asset quality”

Our proposed publications from LVRNC include:

  • Loan by purpose type data (commitments for top-ups, purchase of a property, changes in loan provider and other)

We will confirm a publication date closer to the time of publication.

If you have any queries or comments, or ideas for data that you would find useful, please contact us at [email protected].

Noho ora mai,

Matt Haigh
Acting Director of Data, Statistics and Analytics

Media contact:
James Weir
Senior Adviser External Stakeholders
DDI: +64 4 471 3962 | MOB: 021 103 1622
Email: [email protected]