Banking Statistics - December quarter 2015
Release date : 29 February 2016
Key facts
For the December quarter 2015:
- Net foreign assets climbs by 19.0 per cent to 98.0 million when compared to the September quarter 2015 for all banks surveyed.
- Total lending for the December quarter 2015 sat at $245.8 million.
- The money supply increased by 2.1 per cent over the September quarter 2015.
- interest rates also fluctuated this quarter - see table 4 for movement.
Money Supply 2011-2015
More Information about Banking Statistics
Aggregates are compiled from the Banking Survey which covers the Four commercial banks in the Cook Islands: ANZ, Westpac, Bank of the Cook Islands (BCI) and Capital Security Bank (CSB). The Cook Islands does not have a Central Bank and uses the NZ Dollar as its currency.
Narrow Money (M1) consist of Notes and Coins in circulation and Demand Deposits. M2 consist of narrow money (M1) and quasi money (savings, demand and term deposits), Net foreign position of the banks, Net domestic credits.
Transactions are valued in accordance to international standards.
Downloads:
Banking Statistics: December quarter 20151.23 MB
Banking Statistics: Decembe quarter 2015 - Tables74.77 KB
Banking Documents