Non banks: Funding and claims by sector ($m) - T4

 Special note: Publication delayed
23 February 2021 03:00 p.m.
Next release
30 July 2021 03:00 p.m.
Reserve Bank of New Zealand
Previous years: Quarterly:
Dec 2018 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
D1 Funding
D1.1 Agriculture 6 7 6 6 5 6
D1.16 Finance 4,733 5,194 5,329 5,064 6,485 6,484
D1.19 Property and business services 124 166 174 168 172 172
D1.20 Government administration and defence 852 853 850 850 850 853
D1.27 Household1 2,921 2,989 3,039 3,098 3,108 3,110
D1.28 Non-residents 3,620 3,817 3,470 3,327 4,761 4,692
D1.29 Unallocated 268 281 226 178 201 201
D1.30 Total 12,525 13,307 13,094 12,691 15,583 15,520
D2 Claims
D2.1 Agriculture1 344 369 363 355 673 689
D2.16 Finance - excluding registered banks 34 37 35 33 38 38
D2.17 Finance - registered banks 998 1,052 1,092 1,209 1,600 1,569
D2.19 Property and business services 1,262 1,526 1,555 1,522 1,738 1,772
D2.20 Local Authorities 11 17 18 17 15 15
D2.25 Household - housing 1,826 1,983 2,078 2,094 2,108 2,157
D2.26 Household - consumer 4,700 4,839 4,762 4,489 5,377 5,358
D2.28 Non-residents 72 30 54 70 44 46
D2.29 All other business 3,438 3,622 3,736 3,598 5,373 5,234
D2.30 Total 12,684 13,476 13,691 13,387 16,966 16,877
Securitised assets administered
CC1.12 Household - consumer 895 905 888 800 817 842
E8.10 Household - housing 882 1,122 1,202 1,229 1,249 1,306
Total sector lending
Agriculture1 344 369 363 355 673 689
Business1 4,700 5,148 5,290 5,120 7,111 7,006
Housing1 2,708 3,105 3,280 3,322 3,357 3,463
Consumer1 5,595 5,744 5,650 5,289 6,194 6,200
  1. A list of series breaks for Household Funding and Sector Lending are available in the background notes.

The data: coverage, periodicity, and timeliness

Coverage characteristics

Since December 2004, the Bank has conducted a quarterly survey of non-bank financial institutions (NBLIs). NBLIs are financial institutions with total assets of $5m or more at the consolidated group level, whose principal business is credit provision and borrowing money from the public and/or other sources.

Data is sourced from the Non-Bank Standard Statistical Return (SSR).

Figures are aggregates of each data cell of the actual survey templates. Data are in millions of New Zealand dollars and are collected as at the last business day of the quarter.

The NBLI SSR does not include group investment funds, unit trusts and various fund managers, friendly societies and life insurance-related intermediaries. This class of NBLI is included in the Bank’s quarterly and annual managed funds survey.

The assets and liabilities summary present a summarised balance sheet, excluding securitised loan assets and counterpart funding. Funding and claims are broken down by maturity or sector.

Balance sheet figures reported by the surveyed financial institutions conform to generally accepted accounting practice adopted by the institutions. In particular, values may be at book or ‘marked to market’ according to appropriate practice for the instruments involved.

Where possible the resident/non-resident distinction in these tables is based on the geographical location of respondents and counterpart transactions. To facilitate statistical reporting however, the New Zealand income tax rules on residency are accepted as an approximation, and are the predominant definition.


Quarterly, as at the last business day.


On or before the last business day of the month after the end of the reference quarter.

Access by the public

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.


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

Data are collected under Sections 36 and 93 of The Reserve Bank of New Zealand Act (1989).

The Reserve Bank publishes aggregated data. Individual institutional data is confidential.

Find out more about the Reserve Bank Act 1989.

Provision of information about revisions and advance notice of major changes in methodology

Provisional data are italicised. Data are deemed provisional when a series is under review. New data, or revised data, are in bold font.

This applies to the summary table only and not excel files. Revisions are generally published when the table is next due to be updated and released. Should revisions need to be made more promptly, a note is posted on the website as a ‘special note’.

Any major changes in methodology will be posted as a special note.


Dissemination of documentation on methodology and sources used in preparing statistics

An Excel Template is completed and returned each quarter by NBLIs.

Dissemination of statistics that support statistical cross-check and provide assurance of reasonableness

Deposit-taking finance companies and savings institutions provide prospectus disclosure annually, in addition to statutory reports, which enable checks for reasonableness.

Series Breaks

Series breaks occur when NBLI data are affected by survey changes that are not 'organic' but arise from one period to another because of factors such as the sale of assets; merger with another institution or a change in substance in business practice that interrupts a 'like for like' time series comparison.

Series breaks for key balance sheet components for all non-bank lending institutions are displayed in the table below.

All non-bank lending institutions (NBLIs)

Series breaks


Less: Counter-part funding

Total Assets (A15)

Memo: House-hold Deposits

Break date

Table C5





May 16




Sep 15



Dec 12







Dec 11






Dec 10





Dec 09





Jun 09



Dec 08








Sep 06


Series breaks last updated: 29 July 2016

Household securitised assets

Under International Financial Reporting Standards (IFRS), securitised assets form part of NBLI balance sheets. However, securitised household loans are not included in total assets in the NBLI SSR, nor is the counterpart funding included in liabilities (in table T1).

To calculate the total asset and liabilities of NBLIs the counterpart funding (CC1.12 and E8.10 in table T4) must be added to total liabilities (A6 in table T1) and total assets (A15 in table T1). Note that securitised business loans and their corresponding liabilities on the other hand are included in table T1.

1-2 Funding and claims

D1 is a sectoral breakdown of A1.5, NZD funding in table T31, and D2 is a sectoral breakdown of A10.7, NZD claims in table T1.

The sectors are defined by the ANZSIC code. The sectors defined here represent a two digit classification, with the addition of household and non-resident sectors (not in the ANZSIC code).

The ANZSIC code is allocated to institutions on the basis of the activity in which a majority of full-time equivalent employees are engaged. It is the activity of the customer, not purpose of the loan that drives classification. For example, a company whose principal business is timber milling, but has a trucking division and borrows to buy trucks, should still have the truck loan entered against its timber milling ANZSIC number, 2311, because this is a customer classification.

D1.16 & D2.16 Finance

This sector includes deposits from, and loans to, ‘financial institutions'.

The exception is paper bought that represents a secondary claim on the household sector. Non-bank lending institutions may buy paper such as mortgage backed securities and short-term asset-backed paper for consumer durables issued by other primary lenders. We do not want this paper classified in D2.25 or D2.26, but want it to remain in Finance, along with loans to and claims on financial institutions excluding registered banks

D2.25 Household - housing

This sector includes all residential mortgage loans to personal customers. ‘Lifestyle' loans on farmlets are classified housing or farming according to the category used by non-bank lending institution. It excludes business lending secured on a residential property.

D2.26 Household - consumer

This sector includes loans, whether or not secured by mortgage, which have been separately identified as being for personal customers, but are not housing – e.g. boat or car purchase, travel etc., and all credit card lending.

D1-2.28 Non-residents

A non-resident withholding tax (NRWT) ‘flag' is used to non-residents. The tax definition is used for convenience - it is not ideal for monetary policy data. The ideal relates to the location of the customer, to accord with international conventions used for balance of payments and other cross-border data collection purposes. Therefore, entities that are clearly located overseas, (but are classed as New Zealand residents for tax purposes), are treated as non-residents if their transactions are usually separately identified as ‘non-resident'. Companies incorporated in New Zealand are regarded as New Zealand residents.

These totals are the same as A1.3 for funding and A10.5 for claims in table T1.

Publication delayed

23 February 2021

The Reserve Bank of New Zealand recently experienced an illegal breach of the third party Accellion FTA file transfer system. For more detail about the data breach see Our response to Data Breach page.

While we work through our response to the breach, we have taken Accellion FTA offline and have implemented an interim data collection approach for selected entities. As a result, the Non-bank lending institutions data in tables C5, T1, T4, T11, T21 and T31 for the December month contain estimates where the relevant data is unavailable.

We intend to make any necessary revisions to these estimates once the relevant data becomes available. We do not expect the underlying data to differ significantly from the estimated values.

We apologise for the inconvenience and will provide regular updates as the breach investigation continues.

If you have any questions about our statistical publications please contact [email protected].

Symbols and conventions for summary table

0 Zero or value rounded to zero
- Not applicable
.. Not available
bold Revised/new
italics Provisional
light red 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.