Registered banks and non-bank lending institutions: Sector lending (C5)

This data summarises lending by banks and non-bank lending institutions in New Zealand. It covers housing, personal, business and agricultural lending.
Previous years: Monthly:
Nov 2019 Nov 2020 Jul 2021 Aug 2021 Sep 2021 Oct 2021 Nov 2021
Housing ($m)
Total 274,989 296,159 320,336 321,539 323,852 326,327 328,813
Registered banks1 271,921 292,645 315,889 317,021 319,231 321,555 323,888
Non-bank lending institutions2 3,068 3,514 4,447 4,518 4,621 4,773 4,925
Personal consumer ($m)
Total 16,724 14,892 14,096 13,581 13,317 13,416 13,739
Registered banks 11,075 8,701 8,026 7,574 7,409 7,524 7,803
Non-bank lending institutions2 5,649 6,191 6,070 6,006 5,908 5,892 5,936
Housing and personal consumer ($m)
Total 291,713 311,051 334,432 335,120 337,168 339,744 342,552
Registered banks 282,996 301,346 323,915 324,595 326,640 329,079 331,691
Non-bank lending institutions 8,717 9,705 10,517 10,524 10,529 10,664 10,861
Business ($m)
Total 120,563 116,338 118,662 119,462 120,489 121,974 123,119
Registered banks 115,592 109,336 111,372 112,144 112,971 114,450 115,512
Non-bank lending institutions2 4,971 7,001 7,290 7,318 7,518 7,525 7,607
Agriculture ($m)
Total 63,531 62,711 62,560 62,502 62,306 62,154 61,977
Annual growth rate (%)
Housing3 6.8 7.7 12.1 11.7 11.6 11.4 11.0
Personal consumer3 -0.4 -11.0 -4.7 -7.0 -9.0 -8.5 -7.5
Housing and personal consumer3 6.4 6.6 11.3 10.8 10.6 10.4 10.1
Business3 6.1 -3.4 0.6 1.7 2.9 4.5 5.6
Agriculture3 1.4 -1.4 -1.1 -1.2 -0.9 -0.9 -1.2
  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.

Publication of new web tables – S35 and S50

30 November 2021

On the 30th November 2021, the RBNZ began publishing the following new tables:

  • S35 Banks: Assets – Loans by business size
  • S50 Banks: Assets – Loans by asset quality

Data for these tables has been sourced from the bank balance sheet survey.

If you have any questions please contact [email protected].

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.