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

31 August 2020 03:00 p.m.
Next release
30 September 2020 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Jul 2018 Jul 2019 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020
Housing ($m)
Total 252,473 268,376 281,349 280,759 282,465 283,679 285,587
Registered banks1 250,030 265,486 278,069 277,479 279,159 280,357 282,251
Non-bank lending institutions2 2,442 2,890 3,280 3,280 3,306 3,322 3,336
Personal consumer ($m)
Total 16,546 16,607 16,154 14,805 14,874 15,053 14,854
Registered banks 11,181 10,961 10,505 9,411 9,555 9,764 9,641
Non-bank lending institutions2 5,365 5,646 5,650 5,395 5,319 5,289 5,214
Housing and personal consumer ($m)
Total 269,019 284,983 297,503 295,564 297,339 298,733 300,441
Registered banks 261,212 276,447 288,573 286,890 288,713 290,121 291,891
Non-bank lending institutions 7,807 8,536 8,930 8,674 8,625 8,611 8,550
Business ($m)
Total 109,219 117,611 123,260 123,422 122,078 120,180 118,193
Registered banks 104,638 112,806 117,969 118,151 116,884 115,059 113,167
Non-bank lending institutions2 4,581 4,804 5,290 5,272 5,194 5,120 5,026
Agriculture ($m)
Total 62,100 63,866 62,897 62,802 62,828 62,896 63,097
Annual growth rate (%)
Housing3 6.0 6.3 7.1 6.4 6.3 6.2 6.4
Personal consumer3 5.6 0.3 -3.6 -11.9 -10.9 -9.9 -10.2
Housing and personal consumer3 6.0 5.9 6.5 5.3 5.3 5.3 5.4
Business3 5.2 7.7 6.3 6.0 5.0 2.4 0.1
Agriculture3 2.8 2.8 0.1 -0.3 -1.1 -1.2 -1.3
  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.

The data: coverage, periodicity, and timeliness


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.

Further breakdown of lending by registered banks can be found in table S31 - Loans by purpose

Non bank sector lending can also be found in table T4- Funding and claims by sector. Note that data for this table is published quarterly. 

Periodicity and Timeliness

Data is published on the last working day of the month.

Access by the public

Data Release

Data is released on the Reserve Bank’s Statistics section.

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.

View the Statistics Release Calendar.


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

Data is collected under Section 36 of The Reserve Bank of New Zealand Act 1989 (The Act).

Read the Reserve Bank of New Zealand Act 1989.

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

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

See the Survey template and definitions.

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.

Bank Balance Sheet key points for July 2020

31 August 2020

The Bank Balance Sheet release for July includes an attached PDF file “Bank Balance Sheet key points – July 2020”. The file highlights some of the data impacted by COVID-19 and policy responses.

Symbols and conventions for summary table

0 Zero or value rounded to zero
- 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.