Sector lending (registered banks and non-bank lending institutions) - C5

21 December 2017 03:00 p.m.
Next release
31 January 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Nov 2015 Nov 2016 Jul 2017 Aug 2017 Sep 2017 Oct 2017 Nov 2017
Housing ($m)
Total 209,894 228,723 238,234 239,365 240,464 241,528 242,557
Registered banks1 208,425 227,113 236,277 237,411 238,415 239,460 240,481
Non-bank lending institutions2 1,470 1,610 1,957 1,954 2,049 2,068 2,077
Personal consumer ($m)
Total 14,428 14,964 15,483 15,522 15,714 15,912 16,046
Registered banks 10,145 10,446 10,696 10,700 10,888 11,035 11,105
Non-bank lending institutions2 4,283 4,518 4,788 4,823 4,826 4,877 4,940
Housing and personal consumer ($m)
Total 224,322 243,687 253,717 254,888 256,178 257,440 258,603
Registered banks 218,570 237,560 246,973 248,111 249,303 250,495 251,586
Non-bank lending institutions 5,753 6,127 6,745 6,777 6,875 6,945 7,017
Business ($m)
Total 95,647 100,349 103,724 104,648 106,190 108,365 108,255
Registered banks 90,884 95,866 99,236 100,165 101,605 103,885 103,756
Non-bank lending institutions2 4,763 4,483 4,488 4,483 4,585 4,480 4,500
Agriculture ($m)
Total 57,142 59,392 60,419 60,519 60,656 60,599 60,628
Annual growth rate (%)
Housing3 7.3 9.0 7.3 6.9 6.6 6.4 6.2
Personal consumer3 4.1 3.7 6.9 7.0 7.2 7.7 7.2
Housing and personal consumer3 7.0 8.6 7.3 6.9 6.6 6.5 6.3
Business3 6.7 5.0 5.2 6.1 5.5 5.9 7.4
Agriculture3 9.0 3.9 2.9 2.5 2.6 2.5 2.1
  1. Loans fully secured on residential property for business use are included under business or agriculture loans.
  2. A list of series breaks for Household Funding and Sector Lending are available in the background notes.
  3. Annual growth rates have been break-adjusted, reflecting the underlying market change.

Coverage, Periodicity, and Timeliness of Data


Lending by registered banks and non-bank lending institutions (NBLIs) for the following purposes:

  • Housing
  • Personal consumer
  • Business
  • Agriculture

Data is sourced from the Reserve Bank’s Bank Balance Sheet Survey and Non-bank Standard Statistical Return.

The Bank Balance Sheet Survey started in 31/12/2016. Data prior to 31/12/2016 has been estimated from the Bank Standard Statistical Return (SSR).

Data is reported at market values, where applicable, as at the end of the reporting period.

Data covers assets and liabilities denominated in both NZ dollars and foreign currency. Assets and liabilities denominated in foreign currency are converted into New Zealand dollars in accordance with NZ GAAP.

Periodicity and Timeliness

Data is published monthly, approximately 5 weeks after the end of the reference month.

Access by the Public

Data Release

Data is released on the Reserve Bank’s website

Statistics Release Calendar

The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.


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

Data are collected under Sections 36 and 93 of The Reserve Bank of New Zealand Act (1989).

The Reserve Bank publishes aggregated data. Individual institutional data is confidential.

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

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’.


Dissemination of documentation on methodology and sources used in preparing statistics

A copy of the survey template and definitions is available.


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

Disclosure statements published by registered banks offer checks for reasonableness.

Series breaks

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

The sector lending annual growth rates have are adjusted for series breaks.

Series breaks for key balance sheet components for registered banks and non-bank lending institutions (NBLIs) (PDF 21KB) are displayed for these tables.


Registered banks and non-bank lending institutions

Registered banks

Consolidated banking group of banks operating in New Zealand and registered by the Reserve Bank of New Zealand.

Non-bank lending 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.

Loan purpose


Housing comprises:

  • Owner occupier property use
  • Residential investor property use

Personal consumer loans

Personal or consumer loans which are not fully secured on residential property including overdrafts, credit cards, and term loans.

Business loans

Business loans comprise:

  • Loans (for business use) to non-financial businesses which are fully secured by residential mortgage.
  • Loans to non-financial businesses which not fully secured by residential mortgage

Excludes agriculture loans.

Agriculture loans

Business loans to the for agriculture purposes (ANZSIC06)  including:

  • Dairy farming
  • Sheep, beef cattle and grain farming
  • Horticulture
  • Other agriculture on farm

Does not include any loans to the agriculture industry for residential investor property use.

Symbols and conventions for summary table

0 Value rounded to zero
- Zero or not applicable
.. Not available
bold Revised/new
italics Provisional
light red background Historical

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.