Other depository corporations analytical accounts - C51

Coverage, Periodicity, and Timeliness of Data

Coverage

Assets of other depository corporations presented as claims on other resident institutional sectors and non-residents, and liabilities presented by category of financial instrument in order of their liquidity.

Other depository corporations comprise:

• Registered banks

Data is sourced from the Reserve Bank’s Bank Balance Sheet Survey, of New Zealand registered banks.

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

Integrity

Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses

Data is collected under Section 36 and 93 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’.

Quality

Dissemination of documentation on methodology and sources used in preparing statistics

The analytical accounts are compiled in line with the Monetary and Financial Statistics Manual and Compilation Guide (IMF 2016).

Other depository corporations

Registered banks

Consolidated banking group of banks operating in New Zealand and registered by the Reserve Bank of New Zealand.

Counterparts

Net credit to non-residents

Net credit to non-resident is calculated as Credit to non-residents less Liabilities to non-residents.

Credit to non-residents

Claims on non-residents by registered banks including:

• Debt securities
• Loans and repos
• Other claims

Liabilities to non-residents

Liabilities to non-residents from registered banks including:

• Deposits
• Other liabilities

Credit to Reserve Bank

Claims on the Reserve Bank of New Zealand comprises:

• Currency
• Deposits
• Other claims

Currency

New Zealand dollar notes and coins held by registered banks.

Deposits

Deposits with the Reserve Bank of New Zealand.

Other credit to Reserve Bank

Other claims on the Reserve Bank comprises:

• Debt securities
• Repos
• Financial derivatives

Net credit to central government

Net credit to central government is calculated as credit to central government less liabilities to central government.

Credit to central government

Claims on central government by registered banks including:

• Debt securities
• Loans and repos
• Other claims

Private sector credit

Private sector credit (also known as claims on other sectors) comprises:

• Debt securities
• Loans and repos
• Other claims

Debt securities

Debt securities issued by registered banks to the private sector:

• Other financial corporations
• Local government
• Public non-financial business
• Other private sectors

Loans

Loans and repos by registered banks to the private sector:

• Other financial corporations
• Local government
• Public non-financial business
• Other private sectors

Other claims

Other claims (derivatives, equity) by registered banks on the private sector:

• Other financial corporations
• Local government
• Public non-financial business
• Other private sectors

Other financial corporations

Insurance companies, pension funds and other non-deposit taking financial institutions.

Local government

Local authorities.

Public non-financial business

Government and local authority trading enterprises.

Other private sectors

Non-financial business, households and non-profit institutions serving households.

Liabilities

Liabilities to Reserve Bank

Liabilities to the Reserve Bank of New Zealand comprises:

• Loans and repos
• Financial derivatives

Transaction deposits included in broad money

Deposit balances where the purpose of the account is primarily for making transactions or "every day" banking by customers. Balances are on call.

Other deposits included in broad money

Other deposits in broad money comprises:

• Savings deposits
• Term deposits

Savings deposits

Deposit balances where the purpose of the account is primarily for saving. For some balances disincentives may apply if used for transaction purposes i.e. a “penalty” may apply such as loss of bonus interest. Balances are on call.

Term deposits

Customer time or term deposits with a maturity of greater than 1 day.

Debt securities other than shares included in broad money

Short term debt securities issued by registered banks that are included in broad money.

Debt securities excluded from broad money

Debt securities issued by registered banks that are not included in broad money.

Borrowings

Loans and repos of registered banks.

Financial derivatives

Financial derivatives of registered banks.

Other

Equity

Funds contributed by the owners, reserves and retained earnings of registered.

Net other items

Other liabilities less other assets, consisting of all liabilities and assets not included elsewhere and inter-bank consolidation adjustment.

Bank Balance Sheet key points for June 2020

31 July 2020

The Bank Balance Sheet release for May includes an attached PDF file “Bank Balance Sheet key points – June 2020”. The file highlights some of the data impacted by COVID-19 and policy responses.