Banking in New Zealand

April 2026 | 40 pages | ID: BF3E777BE41EN
MarketLine

Abstracts

Summary

Banking in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total assets held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
• The New Zealand banking industry recorded assets of $436.5 billion in 2025, representing a compound annual growth rate (CAGR) of 1.6% between 2020 and 2025.
• The bank credit segment accounted for the industry's largest proportion in 2025, with total assets of $388.7 billion, equivalent to 89.1% of the industry's overall value.
• The negative growth in the New Zealand banking industry during 2025 was primarily driven by the impact of tight monetary policy and stagnant economic activity. According to the Reserve Bank of New Zealand (RBNZ), the Official Cash Rate (OCR) was maintained at a restrictive 2.2% to manage persistent inflationary pressures.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the banking market in New Zealand
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banking market in New Zealand
• Leading company profiles reveal details of key banking market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the New Zealand banking market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the New Zealand banking market by value in 2025?
• What will be the size of the New Zealand banking market in 2030?
• What factors are affecting the strength of competition in the New Zealand banking market?
• How has the market performed over the last five years?
• How large is New Zealand’s banking market in relation to its regional counterparts?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?

8 COMPANY PROFILES

8.1. ASB Bank Ltd
8.2. ANZ Bank New Zealand Ltd
8.3. Bank of New Zealand

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: New Zealand banking industry value: $ billion, 2020-25
Table 2: New Zealand banking industry category segmentation: % share, by value, 2020-25
Table 3: New Zealand banking industry category segmentation: $ billion, 2020-25
Table 4: New Zealand banking industry geography segmentation: $ billion, 2025
Table 5: New Zealand banking industry value forecast: $ billion, 2025-30
Table 6: New Zealand banking industry share: % share, by value, 2025
Table 7: ASB Bank Ltd: Key Facts
Table 8: ASB Bank Ltd: Key Employees
Table 9: ANZ Bank New Zealand Ltd: Key Facts
Table 10: ANZ Bank New Zealand Ltd: Key Employees
Table 11: Bank of New Zealand: Key Facts
Table 12: Bank of New Zealand: Key Employees
Table 13: New Zealand Size of Population (Million), 2021-25
Table 14: New Zealand Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 15: New Zealand GDP (Current Prices, $ Billion), 2021-25
Table 16: New Zealand Inflation, 2021-25
Table 17: New Zealand Consumer Price Index (Absolute), 2021-25
Table 18: New Zealand Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: New Zealand banking industry value: $ billion, 2020-25
Figure 2: New Zealand banking industry category segmentation: $ billion, 2020-25
Figure 3: New Zealand banking industry geography segmentation: % share, by value, 2025
Figure 4: New Zealand banking industry value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the banking industry in New Zealand, 2025
Figure 6: Drivers of buyer power in the banking industry in New Zealand, 2025
Figure 7: Drivers of supplier power in the banking industry in New Zealand, 2025
Figure 8: Factors influencing the likelihood of new entrants in the banking industry in New Zealand, 2025
Figure 9: Factors influencing the threat of substitutes in the banking industry in New Zealand, 2025
Figure 10: Drivers of degree of rivalry in the banking industry in New Zealand, 2025
Figure 11: New Zealand banking industry share: % share, by value, 2025