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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

Publication of new web table - S51

Read more
Previous years: Monthly:
Jul 2021 Jul 2022 Mar 2023 Apr 2023 May 2023 Jun 2023 Jul 2023
Housing ($m)
Total 320,295 340,324 347,489 348,066 348,865 350,042 350,722
Registered banks1 315,889 334,287 341,658 342,313 343,244 344,508 345,305
Non-bank lending institutions2 4,406 6,037 5,831 5,754 5,620 5,535 5,416
Personal consumer ($m)
Total 14,259 13,283 13,767 13,819 13,767 13,846 13,868
Registered banks 8,026 7,258 7,486 7,520 7,463 7,525 7,546
Non-bank lending institutions2 6,233 6,025 6,281 6,299 6,303 6,322 6,321
Housing and personal consumer ($m)
Total 334,554 353,607 361,256 361,885 362,631 363,889 364,590
Registered banks 323,915 341,545 349,144 349,833 350,708 352,033 352,852
Non-bank lending institutions 10,639 12,062 12,112 12,052 11,924 11,856 11,738
Business ($m)
Total 118,454 128,850 132,135 132,762 132,137 132,656 131,547
Registered banks 111,372 120,908 123,340 123,989 123,327 123,754 122,648
Non-bank lending institutions2 7,082 7,942 8,795 8,774 8,810 8,903 8,899
Agriculture ($m)
Total 62,561 62,146 62,325 62,180 62,586 63,150 63,421
Annual growth rate (%)
Housing3 12.1 6.3 3.5 3.2 3.1 3.1 3.0
Personal consumer3 -4.3 -5.5 4.2 3.9 3.7 4.6 5.1
Housing and personal consumer3 11.3 5.8 3.5 3.3 3.1 3.2 3.1
Business3 0.5 8.6 5.0 4.5 3.5 3.1 2.1
Agriculture3 -1.1 -0.7 1.3 1.2 1.6 1.9 2.1
[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.

Publication of new web table – S51

31 August 2023

On the 31st August 2023, the RBNZ began publishing a new web table:

  • S51 Banks: Assets – Business loans by asset quality

Data for these tables has been sourced from the bank balance sheet survey.


Series break between housing & business loans

In July 2023, a registered bank reclassified lending from business to housing, totalling approximately $63m

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.