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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:
Jan 2021 Jan 2022 Sep 2022 Oct 2022 Nov 2022 Dec 2022 Jan 2023
Net credit to non-residents ($m)
Net credit to non-residents (A1-A2) -97,897 -105,841 -112,141 -108,706 -102,935 -104,916 -105,319
A1. Credit to non-residents 63,672 62,599 82,978 74,593 75,287 69,469 67,182
A2. Less: Liabilities to non-residents 161,568 168,440 195,119 183,299 178,222 174,385 172,501
Domestic credit ($m)
Domestic credit (B+C) 536,579 572,047 592,498 590,666 591,090 594,048 587,252
B. Net credit to central government 39,123 42,509 43,798 42,453 42,541 45,412 38,586
C. Private sector credit 497,457 529,538 548,699 548,213 548,549 548,637 548,666
C1. Credit to other financial corporations 11,837 12,670 15,460 13,469 12,315 12,088 12,128
C2. Credit to local government 9,038 7,189 6,817 7,219 6,977 6,838 6,975
C3. Credit to public non-financial business 1,395 1,723 1,467 1,467 1,483 1,340 1,268
C9. Credit to other private sectors 475,187 507,956 524,956 526,058 527,774 528,370 528,295
Broad money ($m)
Broad money (D1 to D9) 359,421 384,879 391,912 393,508 397,263 398,778 393,400
D1. Currency held by the public 7,542 8,284 8,326 8,373 8,386 8,514 8,365
D2. Transaction deposits 103,769 128,574 124,493 123,242 123,347 120,772 115,729
D3. Other deposits 248,110 248,021 259,093 261,894 265,530 269,492 269,306
D9. Securities other than shares 0 0 0 0 0 0 0
Other liabilities ($m)
Debt securities excluded from broad money 28,567 29,851 28,163 29,234 30,692 30,378 30,599
Borrowings 277 717 1,453 1,313 997 842 1,082
Financial derivatives 4,220 3,323 6,221 6,390 6,829 6,809 5,551
Equity ($m)
Equity 52,043 55,500 58,914 59,455 60,997 61,162 61,676
Net other items ($m)
Net other items -5,845 -8,063 -6,306 -7,940 -8,624 -8,837 -10,376

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.