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

29 March 2018 03:00 p.m.
Next release
30 April 2018 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Monthly:
Feb 2016 Feb 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018
Housing ($m)
Total 213,623 232,889 241,528 242,577 243,790 244,890 245,845
Registered banks1 212,186 231,166 239,460 240,481 241,617 242,712 243,659
Non-bank lending institutions2 1,437 1,723 2,068 2,096 2,172 2,178 2,185
Personal consumer ($m)
Total 14,592 15,249 15,979 16,113 16,449 16,430 16,473
Registered banks 10,256 10,579 11,035 11,105 11,308 11,253 11,270
Non-bank lending institutions2 4,336 4,670 4,944 5,007 5,141 5,177 5,203
Housing and personal consumer ($m)
Total 228,215 248,138 257,507 258,689 260,239 261,320 262,318
Registered banks 222,442 241,745 250,495 251,586 252,925 253,965 254,929
Non-bank lending institutions 5,773 6,393 7,012 7,103 7,314 7,355 7,389
Business ($m)
Total 95,697 102,536 108,346 108,237 107,689 107,362 108,390
Registered banks 91,046 98,094 103,885 103,756 103,165 102,814 103,824
Non-bank lending institutions2 4,652 4,442 4,462 4,481 4,524 4,548 4,567
Agriculture ($m)
Total 57,283 59,301 60,599 60,628 60,529 60,666 60,651
Annual growth rate (%)
Housing3 7.6 9.0 6.4 6.3 5.9 5.8 5.8
Personal consumer3 3.8 4.5 8.1 7.7 8.3 8.5 8.0
Housing and personal consumer3 7.3 8.7 6.5 6.3 6.0 5.9 5.9
Business3 7.2 7.2 5.9 7.4 5.5 5.1 5.3
Agriculture3 8.6 3.5 2.5 2.1 2.2 2.2 2.3
  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.

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.

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.