The voice of the banking industry working to support a successful banking system that benefits New Zealand

Banks employ 26,000 people in NZ * In 2012 banks directly contributed $6 billion to the NZ economy *

In 2012 banks spent $4.7 billion to run their businesses in NZ * In 2012 banks paid $1.3 billion in tax * NZ banks have an asset base of $400 billion * In 2012 the return on assets was 0.93% *

NZ has over 1200 bank branches * NZ has over 2500 bank ATMs *

Banks’ average net interest margin in 2012 was 2.25%, down from 2.6% in 2003 *

NZ banks have an average total capital adequacy ratio of 12.9% *

Loans to business at December 2012 totalled $155 billion *

Loans to households at December 2012 totalled $185 billion *

32% of NZ households have a mortgage *

There were 1.4 million mortgages in NZ at December 2012 *

Only 1% of households have loan-to-value ratios over 80% and debt servicing ratios above 50% *