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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.

Previous years: Monthly:
Oct 2020 Oct 2021 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022
Housing ($m)
Total 292,989 326,286 339,488 340,336 341,286 342,237 343,184
Registered banks1 289,557 321,555 333,535 334,287 335,194 336,147 337,073
Non-bank lending institutions2 3,432 4,731 5,954 6,049 6,092 6,090 6,111
Personal consumer ($m)
Total 14,808 13,569 13,321 13,283 13,258 13,346 13,463
Registered banks 8,548 7,524 7,282 7,258 7,226 7,302 7,415
Non-bank lending institutions2 6,260 6,045 6,038 6,025 6,033 6,044 6,048
Housing and personal consumer ($m)
Total 307,797 339,855 352,809 353,619 354,544 355,583 356,647
Registered banks 298,105 329,079 340,817 341,545 342,419 343,449 344,488
Non-bank lending institutions 9,692 10,776 11,992 12,073 12,125 12,134 12,159
Business ($m)
Total 116,221 121,735 128,629 128,850 129,620 131,254 131,802
Registered banks 109,473 114,450 120,755 120,908 121,628 122,894 123,381
Non-bank lending institutions2 6,748 7,285 7,874 7,942 7,992 8,360 8,422
Agriculture ($m)
Total 62,735 62,156 61,954 62,146 62,245 62,035 61,999
Annual growth rate (%)
Housing3 7.3 11.4 6.9 6.3 6.2 5.7 5.2
Personal consumer3 -11.1 -8.2 -6.0 -5.5 -2.2 1.1 1.2
Housing and personal consumer3 6.3 10.4 6.4 5.8 5.8 5.5 5.0
Business3 -3.3 4.4 8.7 8.6 8.5 8.9 8.2
Agriculture3 -1.5 -0.9 -0.6 -0.7 -0.4 -0.4 -0.3
[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.

Non-bank lending institutions data includes revisions and a series break

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:

  • Sector lending – Table C5 housing, consumer and business lending figures and growth rates
  • Non-bank lending institutions balance sheet data in Tables T1 to T31

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]

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.