Key facts

For the June Quarter 2025:

  Assets & Liabilities

• Net foreign assets for the June quarter 2025 decreased to 443.4 million. This is down 9.9 per cent, when compared to March quarter 2025 (492.0 million) for all banks.

  Loans & Advances by Industry

• Total lending for the June quarter 2025 was recorded at 251.2 million decreasing by 1.1 per cent when compared to the March quarter 2025.
• Sectors with highest increase in borrowings:
  • Real Estate: +75.8%
  • Travel Agents Tour Operator: +47.3%
  • Mining Manufacturing: +30.1%
• Sectors with largest decline in borrowings:
  • Construction: -86.0%
  • Accommodation: -19.3%
  • Transport: -14.6%

  Money Supply

• Narrow money (M1) decreased by 5.1%.
• Broad money (M3) decreased by 3.7%, due to overall fall in demand Deposits and Term Savings deposits over the quarter.

  Interest Rates

• No changes in interest rates for the June quarter 2025.

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.