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

29 September 2017 03:00 p.m.
Next release
31 October 2017 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Aug 2015 Aug 2016 Apr 2017 May 2017 Jun 2017 Jul 2017 Aug 2017
Housing ($m)
Total 205,595 224,403 235,179 236,474 237,792 238,234 239,365
Registered banks1 204,055 222,877 233,349 234,641 235,835 236,277 237,411
Non-bank lending institutions2 1,540 1,526 1,829 1,832 1,957 1,957 1,954
Personal consumer ($m)
Total 14,197 14,501 15,345 15,350 15,427 15,483 15,522
Registered banks 9,978 10,108 10,635 10,623 10,667 10,696 10,700
Non-bank lending institutions2 4,219 4,393 4,710 4,727 4,761 4,788 4,823
Housing and personal consumer ($m)
Total 219,792 238,904 250,523 251,824 253,219 253,717 254,888
Registered banks 214,033 232,985 243,985 245,264 246,501 246,973 248,111
Non-bank lending institutions 5,759 5,919 6,539 6,560 6,718 6,745 6,777
Business ($m)
Total 92,708 98,188 104,407 104,521 104,527 103,771 104,695
Registered banks 87,919 93,587 99,903 100,017 99,901 99,236 100,165
Non-bank lending institutions2 4,790 4,601 4,504 4,504 4,627 4,535 4,530
Agriculture ($m)
Total 56,298 59,043 59,246 59,532 60,014 60,419 60,519
Annual growth rate (%)
Housing3 6.1 9.1 8.4 8.0 7.7 7.3 6.9
Personal consumer3 5.6 2.1 5.7 5.9 6.6 6.9 7.0
Housing and personal consumer3 6.1 8.7 8.3 7.9 7.6 7.3 6.9
Business3 7.0 6.0 7.3 7.3 6.2 5.2 6.2
Agriculture3 8.4 4.9 2.7 2.2 2.6 2.9 2.5
  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.

Improvements to Sector lending statistics

The Reserve Bank began publishing new banking sector Balance Sheet statistics in April 2017. As we are developing new data time series we expect to see improvements made to areas of our published data. Some improvements lead to data revisions or breaks in the time series. Revisions and reclassifications are made to increase the accuracy of the statistics.

In July 2017, a registered bank reclassified Housing loans which resulted in series breaks. The growth rates have been adjusted to reflect this reclassification. A list of series breaks is available for this table.

Please contact Statistics Unit if you have any questions.

29 September 2017

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.