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

30 November 2018 03:00 p.m.
Next release
20 December 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Oct 2016 Oct 2017 Jun 2018 Jul 2018 Aug 2018 Sep 2018 Oct 2018
Housing ($m)
Total 227,373 241,520 251,416 252,473 253,867 254,838 255,998
Registered banks1 225,765 239,460 248,999 250,030 251,394 252,319 253,460
Non-bank lending institutions2 1,608 2,060 2,417 2,442 2,473 2,519 2,538
Personal consumer ($m)
Total 14,869 16,101 16,553 16,547 16,580 16,654 16,674
Registered banks 10,303 11,035 11,205 11,181 11,191 11,217 11,217
Non-bank lending institutions2 4,566 5,065 5,348 5,365 5,388 5,437 5,457
Housing and personal consumer ($m)
Total 242,242 257,621 267,968 269,019 270,447 271,492 272,672
Registered banks 236,068 250,495 260,204 261,212 262,585 263,537 264,678
Non-bank lending institutions 6,174 7,126 7,765 7,808 7,861 7,955 7,995
Business ($m)
Total 101,896 108,462 110,990 109,219 110,547 111,534 113,111
Registered banks 97,390 103,885 106,369 104,638 105,959 106,938 108,513
Non-bank lending institutions2 4,506 4,577 4,621 4,581 4,588 4,596 4,598
Agriculture ($m)
Total 59,130 60,602 61,712 62,100 62,201 62,212 62,273
Annual growth rate (%)
Housing3 9.0 6.4 5.9 6.0 6.1 6.0 6.0
Personal consumer3 3.7 8.3 6.0 5.6 5.6 4.7 3.6
Housing and personal consumer3 8.7 6.5 5.9 6.0 6.0 5.9 5.8
Business3 8.2 6.0 5.7 5.2 5.5 4.9 4.3
Agriculture3 3.7 2.5 2.8 2.8 2.8 2.6 2.8
  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.

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 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.

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.