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

28 September 2018 03:00 p.m.
Next release
31 October 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Aug 2016 Aug 2017 Apr 2018 May 2018 Jun 2018 Jul 2018 Aug 2018
Housing ($m)
Total 224,402 239,354 248,505 250,011 251,416 252,473 253,867
Registered banks1 222,877 237,411 246,215 247,703 248,999 250,030 251,394
Non-bank lending institutions2 1,525 1,943 2,290 2,308 2,417 2,442 2,473
Personal consumer ($m)
Total 14,581 15,706 16,557 16,448 16,553 16,547 16,580
Registered banks 10,108 10,700 11,244 11,158 11,205 11,181 11,191
Non-bank lending institutions2 4,474 5,006 5,314 5,291 5,348 5,365 5,388
Housing and personal consumer ($m)
Total 238,983 255,059 265,062 266,459 267,968 269,019 270,447
Registered banks 232,985 248,111 257,459 258,861 260,204 261,212 262,585
Non-bank lending institutions 5,998 6,949 7,603 7,599 7,765 7,808 7,861
Business ($m)
Total 98,210 104,750 109,196 110,548 110,990 109,219 110,547
Registered banks 93,587 100,165 104,644 105,971 106,369 104,638 105,959
Non-bank lending institutions2 4,622 4,585 4,552 4,577 4,621 4,581 4,588
Agriculture ($m)
Total 59,044 60,522 60,766 61,011 61,712 62,100 62,201
Annual growth rate (%)
Housing3 9.1 6.9 5.9 5.9 5.9 6.0 6.1
Personal consumer3 2.2 7.7 7.2 6.4 6.0 5.6 5.6
Housing and personal consumer3 8.7 6.9 5.9 6.0 5.9 6.0 6.0
Business3 6.0 6.2 4.1 5.3 5.7 5.2 5.5
Agriculture3 4.9 2.5 2.6 2.5 2.8 2.8 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.