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Registered banks and non-bank lending institutions: Sector lending (C5)

This data summarises lending by banks and non-bank lending institutions in New Zealand. It covers housing, personal, business and agricultural lending.

Special note

Household series break

Read more
Previous years: Monthly:
Apr 2020 Apr 2021 Dec 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022
Housing ($m)
Total 280,776 311,818 330,986 332,665 334,126 335,691 337,069
Registered banks1 277,479 307,871 325,937 327,448 328,776 330,169 331,404
Non-bank lending institutions2 3,297 3,948 5,049 5,217 5,349 5,522 5,665
Personal consumer ($m)
Total 14,895 14,512 13,913 13,756 13,687 13,453 13,363
Registered banks 9,411 8,241 7,794 7,664 7,613 7,430 7,339
Non-bank lending institutions2 5,484 6,271 6,119 6,091 6,074 6,023 6,024
Housing and personal consumer ($m)
Total 295,670 326,330 344,899 346,420 347,812 349,144 350,433
Registered banks 286,890 316,112 333,731 335,112 336,389 337,599 338,743
Non-bank lending institutions 8,781 10,219 11,168 11,308 11,423 11,545 11,689
Business ($m)
Total 123,210 116,318 123,157 123,767 125,407 125,725 126,895
Registered banks 118,151 109,531 115,687 116,296 117,944 118,066 119,186
Non-bank lending institutions2 5,059 6,788 7,470 7,471 7,462 7,659 7,708
Agriculture ($m)
Total 62,802 62,040 61,812 61,907 61,509 61,500 61,440
Annual growth rate (%)
Housing3 6.4 11.1 10.5 10.0 9.5 8.7 8.1
Personal consumer3 -11.7 -2.3 -6.9 -6.7 -6.7 -7.0 -6.6
Housing and personal consumer3 5.4 10.4 9.7 9.2 8.8 8.0 7.5
Business3 5.9 -5.5 5.8 6.1 7.6 7.7 8.8
Agriculture3 -0.3 -1.5 -1.1 -1.1 -1.3 -1.2 -1.0
[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.

Household series break

31 May 2022

In April 2022, a registered bank reclassified lending from Households - Personal consumer to Financial institutions, totalling approximately $186m. Approximately $183m of Household deposits have also been reclassified.

If you have any questions please contact [email protected].

The data: coverage, periodicity, and timeliness


Lending by registered banks and non-bank lending institutions (NBLIs) for the following purposes:

  • housing
  • personal consumer
  • business
  • agriculture.

Data is sourced from our Bank Balance Sheet Survey and Non-bank Standard Statistical Return.

The Bank Balance Sheet Survey started 31 December 2016. Before this, data was estimated from the 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.

Further breakdown of lending by registered banks can be found in table S31.

View Table S31 – Loans by purpose

Non-bank sector lending can also be found in table T4. Note that we publish data for this table quarterly.

View Table T4 – Funding and claims by sector

Periodicity and Timeliness

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

Access by the public

Data Release

View data in our Statistics section

Statistics release calendar

The statistics release calendar provides a long-term plan of scheduled releases. We update and release it on the first working day of the month.

View the Statistics Release Calendar


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

We collect data under Section 36 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 we update and release the next table. 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.


Dissemination of documentation on methodology and sources used in preparing statistics

See the Survey template and definitions.

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 are adjusted for series breaks.

Series breaks for key balance sheet components for registered banks and non-bank lending institutions (NBLIs) are displayed for these tables.

View the Series breaks (PDF 21 KB)

Registered banks and non-bank lending institutions

Registered banks

Consolidated banking group of banks operating in New Zealand that are registered by us.

Non-bank lending institutions (NBLIs)

NBLIs are financial institutions with total assets of $5 million 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 that 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 that are fully secured by residential mortgage
  • loans to non-financial businesses that not fully secured by residential mortgage.

Excludes agriculture loans.

Agriculture loans

Business loans 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

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.