Depository corporations analytical accounts - C52

Released
31 August 2020 03:00 p.m.
Next release
30 October 2020 03:00 p.m.
Source
Reserve Bank of New Zealand
Periodicity
Monthly
Previous years: Monthly:
Jul 2018 Jul 2019 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020
Net credit to non-residents ($m)
Net credit to non-residents (A1-A2) -73,185 -90,367 -90,252 -88,493 -90,832 -90,290 -88,981
A1. Credit to non-residents 73,454 74,469 99,158 90,355 82,635 80,448 79,627
A2. Less: Liabilities to non-residents 146,639 164,836 189,410 178,848 173,467 170,738 168,608
Domestic credit ($m)
Domestic credit (B+C) 443,898 478,562 507,618 513,826 514,698 515,405 519,720
B. Net credit to central government 4,269 10,000 18,929 27,768 28,368 30,509 33,542
C. Private sector credit 439,629 468,562 488,689 486,058 486,331 484,896 486,178
C1. Credit to other financial corporations 8,696 10,439 11,343 10,300 10,362 10,096 10,052
C2. Credit to local government 6,238 8,147 8,852 9,079 9,069 8,720 9,761
C3. Credit to public non-financial business 1,113 1,024 1,026 1,238 1,241 1,277 1,214
C9. Credit to other private sectors 423,582 448,951 467,467 465,441 465,659 464,803 465,151
Broad money ($m)
Broad money (D1 to D9) 301,499 318,934 337,987 344,965 343,608 346,397 350,385
D1. Currency held by the public 5,618 6,088 6,697 6,924 7,243 7,157 7,188
D2. Transaction deposits 61,795 68,422 84,430 89,156 88,046 89,755 91,567
D3. Other deposits 234,087 244,424 246,860 248,886 248,319 249,486 251,630
D9. Securities other than shares - - 0 0 0 0 0
Other liabilities ($m)
Debt securities excluded from broad money 30,613 28,279 32,902 33,962 32,624 30,945 30,278
Borrowings 108 146 365 272 219 155 162
Financial derivatives 2,054 3,266 5,661 5,611 5,386 4,948 5,164
Equity ($m)
Equity 44,869 46,346 48,365 48,500 48,829 48,830 49,305
Net other items ($m)
Net other items -8,429 -8,776 -7,914 -7,976 -6,800 -6,160 -4,556

Coverage, Periodicity, and Timeliness of Data

Coverage

Assets of 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.

Depository corporations comprise:

  • Reserve Bank of New Zealand
  • Registered banks

Data is sourced from the Reserve Banks’ own Balance Sheet and 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).

Depository corporations

Reserve Bank of New Zealand and registered banks
The Reserve Bank of New Zealand is New Zealand's central bank.
Registered banks are the 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 the Reserve Bank of New Zealand and registered banks including::
  • Deposits
  • Other liabilities
Domestic credit
Domestic claims comprises:
  • Net credit to central government
  • Credit to other sectors (private sector credit)
Net credit to central government
Net credit to central government is calculated as credit to central government less liabilities to central government. .
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 the Reserve Bank of New Zealand and registered banks including:
  • Debt securities
  • Loans and repos
  • Other claims
Liabilities to central government
Liabilities to central government from the Reserve Bank of New Zealand and registered banks including:
  • Deposits
  • Other liabilities
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 the Reserve Bank of New Zealand and 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 (deposits, derivatives) by the Reserve Bank of New Zealand and 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.

Broad money

Broad money
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value.
Currency held by the public
Currency issued by the Reserve Bank of New Zealand less any currency held by registered banks. Also known as notes and coins in the hands of the public.
Transaction deposits
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
Other components of broad money comprises:
  • Savings deposits
  • Term deposits
  • Other
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.
Other
Short term debt securities issued by registered banks.

Other liabilities

Debt securities excluded from broad money
Debt securities issued by the Reserve Bank of New Zealand and registered banks that are not included in broad money.
Borrowings
Loans and repos of the Reserve Bank of New Zealand and registered banks.
Financial derivatives
Financial derivatives of the Reserve Bank of New Zealand and registered banks.

Other

Equity
Funds contributed by the owners, reserves and retained earnings of the Reserve Bank of New Zealand and registered banks.
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 July 2020

31 August 2020

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

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.