This data summarises lending by banks and non-bank lending institutions in New Zealand. It covers housing, personal, business and agricultural lending.
Previous years: | Monthly: | ||||||
---|---|---|---|---|---|---|---|
Jan 2021 | Jan 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
Housing ($m) | |||||||
Total | 302,425 | 332,662 | 342,237 | 343,184 | 344,465 | 345,535 | 346,149 |
Registered banks1 | 298,830 | 327,448 | 336,147 | 337,073 | 338,404 | 339,535 | 340,208 |
Non-bank lending institutions2 | 3,595 | 5,215 | 6,090 | 6,111 | 6,061 | 6,000 | 5,941 |
Personal consumer ($m) | |||||||
Total | 14,778 | 13,743 | 13,346 | 13,463 | 13,659 | 13,783 | 13,753 |
Registered banks | 8,444 | 7,664 | 7,302 | 7,415 | 7,556 | 7,550 | 7,495 |
Non-bank lending institutions2 | 6,335 | 6,079 | 6,044 | 6,048 | 6,103 | 6,234 | 6,259 |
Housing and personal consumer ($m) | |||||||
Total | 317,203 | 346,405 | 355,583 | 356,647 | 358,124 | 359,319 | 359,902 |
Registered banks | 307,274 | 335,112 | 343,449 | 344,488 | 345,960 | 347,085 | 347,703 |
Non-bank lending institutions | 9,929 | 11,293 | 12,134 | 12,159 | 12,164 | 12,234 | 12,200 |
Business ($m) | |||||||
Total | 116,223 | 123,746 | 131,254 | 131,802 | 133,310 | 132,925 | 132,171 |
Registered banks | 109,481 | 116,296 | 122,894 | 123,381 | 124,811 | 124,286 | 123,603 |
Non-bank lending institutions2 | 6,742 | 7,450 | 8,360 | 8,422 | 8,499 | 8,639 | 8,568 |
Agriculture ($m) | |||||||
Total | 62,591 | 61,907 | 62,035 | 61,999 | 61,995 | 61,980 | 62,206 |
Annual growth rate (%) | |||||||
Housing3 | 8.6 | 10.0 | 5.7 | 5.2 | 4.8 | 4.4 | 4.1 |
Personal consumer3 | -12.2 | -6.8 | 1.1 | 1.2 | 0.3 | 1.2 | 2.1 |
Housing and personal consumer3 | 7.5 | 9.2 | 5.5 | 5.0 | 4.6 | 4.3 | 4.0 |
Business3 | -3.8 | 6.1 | 8.9 | 8.2 | 8.3 | 7.9 | 6.7 |
Agriculture3 | -1.1 | -1.1 | -0.4 | -0.3 | 0.0 | 0.3 | 0.5 |
31 October 2022
Today’s publication of non-bank lending institutions data includes revisions to data between March 2021 and June 2022 inclusive, as we now have updated data from our respondents. This has resulted in insignificant changes to data in:
Today’s publication also includes a reclassification of non-bank lending from consumer to business, totalling approximately $83m.
If you have any questions please contact [email protected]
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].
Lending by registered banks and non-bank lending institutions (NBLIs) for the following purposes:
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
We publish data on the last working day of the month.
View data in our Statistics section
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
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.
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.
See the Survey template and definitions.
Disclosure statements published by registered banks offer checks for reasonableness.
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.
Consolidated banking group of banks operating in New Zealand that are registered by us.
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.
Housing comprises:
Personal or consumer loans that are not fully secured on residential property, including overdrafts, credit cards and term loans.
Business loans comprise:
Excludes agriculture loans.
Business loans for agriculture purposes (ANZSIC06) including:
Does not include any loans to the agriculture industry for residential investor property use.
Symbol or convention | Definition |
---|---|
0 | Zero or value rounded to zero |
- | Not applicable |
.. | Not available |
bold | Revised/new |
italics | Provisional |
Light grey background | Historical |
View other data in the Monetary and lending series.