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Depository corporations: Analytical accounts (C52)

This data provides analytical accounts of the depository corporations (including the Reserve Bank) derived from our consolidated balance sheet and the consolidated balance sheets of registered banks in New Zealand.

Previous years: Monthly:
Jun 2020 Jun 2021 Feb 2022 Mar 2022 Apr 2022 May 2022 Jun 2022
Net credit to non-residents ($m)
Net credit to non-residents (A1-A2) -90,213 -104,553 -103,812 -103,380 -107,222 -105,634 -108,678
A1. Credit to non-residents 80,532 63,564 57,393 58,827 65,364 61,471 66,316
A2. Less: Liabilities to non-residents 170,745 168,118 161,205 162,207 172,586 167,105 174,994
Domestic credit ($m)
Domestic credit (B+C) 515,431 550,997 572,268 575,549 583,834 579,195 582,793
B. Net credit to central government 30,536 39,916 41,797 44,402 48,697 42,580 42,839
C. Private sector credit 484,895 511,081 530,471 531,147 535,138 536,616 539,954
C1. Credit to other financial corporations 10,096 12,187 11,931 12,059 13,417 13,300 14,028
C2. Credit to local government 8,720 7,986 6,733 6,133 6,078 6,033 5,999
C3. Credit to public non-financial business 1,277 1,309 1,771 1,787 1,751 1,620 1,534
C9. Credit to other private sectors 464,802 489,599 510,036 511,168 513,892 515,663 518,393
Broad money ($m)
Broad money (D1 to D9) 346,397 366,418 386,923 390,385 391,962 389,594 389,035
D1. Currency held by the public 7,157 7,601 8,263 8,361 8,433 8,391 8,339
D2. Transaction deposits 89,755 114,852 128,578 131,794 132,810 130,291 128,149
D3. Other deposits 249,486 243,966 250,082 250,230 250,718 250,911 252,546
D9. Securities other than shares 0 0 0 0 0 0 0
Other liabilities ($m)
Debt securities excluded from broad money 30,945 29,361 29,111 29,534 28,633 28,635 30,108
Borrowings 155 560 610 966 1,133 1,060 1,156
Financial derivatives 4,948 2,793 3,179 4,311 4,483 4,515 4,714
Equity ($m)
Equity 48,906 53,931 55,571 56,273 57,243 57,809 57,928
Net other items ($m)
Net other items -6,134 -6,619 -6,937 -9,300 -6,842 -8,052 -8,826

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.

We source data from our Balance Sheet and our Bank Balance Sheet Survey of New Zealand registered banks.

Periodicity and timeliness

We publish data on the last working day of the month.

Access by the public

Data release

We release data in the 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

We collect data under Sections 36 and 93 of the Reserve Bank of New Zealand Act 1989 (the Act).

Read the Reserve Bank of New Zealand Act 1989

We only publish aggregated data. Individual institutional data is confidential.

Provision of information about revisions and advance notice of major changes in methodology

We generally publish revisions when the table is next due to be updated and released. Should we need to make revisions more promptly, we post a ‘special note’ on the website.

We post any major changes in methodology on the website as a ‘special note’.

Quality

Dissemination of documentation on methodology and sources used in preparing statistics

We compile the analytical accounts in line with the Monetary and Financial Statistics Manual and Compilation Guide (IMF 2016).

Read the Monetary and Financial Statistics Manual and Compilation Guide (IMF 2016)

Depository corporations

Reserve Bank of New Zealand

The Reserve Bank of New Zealand is New Zealand’s central bank.

Registered banks

Consolidated group of banks operating in New Zealand and registered with us.

View the list of banks operating in 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 the Reserve Bank of New Zealand

Other claims to the Reserve Bank of New Zealand 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 we issue 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; that is, 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 one day.

Other

Short-term debt securities issued by registered banks.

Other liabilities

Debt securities excluded from broad money

Debt securities we issue 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.

Symbols and conventions for summary table

Symbol or convention Definition
0 Zero or value rounded to zero
- Not applicable
.. Not available
bold Revised/new
italics Provisional
Light grey 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.