Retail loans reached 204 NZD bil in 2012 in New Zealand, according to the National Central Bank. This is 3.76 % more than in the previous year.
Historically, retail loans in New Zealand reached an all time high of 204 NZD bil in 2012 and an all time low of 47.8 NZD bil in 1995. When compared to New Zealand's main peers, retail loans in Australia amounted to 1,235 AUD bil, 821,611 IDR bil in Indonesia and 603 MYR bil in Malaysia in 2012.
New Zealand has been ranked 46th within the group of 79 countries we follow in terms of retail loans, 20 places behind the position seen 10 years ago.
A retail loan is a loan provided by a bank to a physical person.