A quarterly consolidated statement of the accounts of the monetary authorities, banks, and other bank-like institutions excluding non-bank financial institutions. Aggregates are compiled from the Banking Survey which covers the Four commercial banks in the Cook Islands: ANZ, Bank of the South Pacific (BSP), 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. Banking Survey – provides a quarterly consolidated statement of the accounts of the monetary authorities, deposit money banks, and other bank-like institutions of the Cook Islands, excluding the accounts of non-bank financial institutions.

Latest posts

Banking Statistics – September quarter 2023

Banking Statistics – September quarter 2023

Key facts For the September Quarter 2023: Net foreign assets increased to 374.0 million when compared to June quarter (345.1 million) for all banks surveyed. Total lending for the September quarter 2023 was recorded at 239.0 million increasing by 2.1 per cent when...

read more
Banking Statistics – March quarter 2023

Banking Statistics – March quarter 2023

Key facts For the March Quarter 2023: Net foreign assets decreased to 332.5 million when compared to December quarter 2022 ($344.6 million) for all banks surveyed. Total lending for the March quarter 2023 was recorded at $236.7 million decreasing by 2.1 per cent when...

read more
Banking Statistics – June quarter 2022

Banking Statistics – June quarter 2022

Key facts For the June Quarter 2022: Net foreign assets increased to 330.8 million. Total lending for the June quarter 2022 sat at $247.9million. The money supply increased by 14.8 per cent. There were changes in interest rates for two banks surveyed. BSP...

read more
Banking Statistics – December quarter 2021

Banking Statistics – December quarter 2021

Key facts For the December Quarter 2021: Net foreign assets increased to 331.5 when compared to the September quarter. Total lending for the December quarter 2021 sat at $253.3 million. The money supply decreased by 1.6 per cent for the December quarter...

read more
Banking Statistics – September quarter 2021

Banking Statistics – September quarter 2021

Key facts For the September Quarter 2021: Net foreign assets is $293.2 million for all banks surveyed in the Sptember quarter 2021. Total lending for the September quarter 2021 sat at $252.0 million. The money supply increased by 5.8 percent overall...

read more
Banking Statistics – June quarter 2021

Banking Statistics – June quarter 2021

Key facts For the June Quarter 2021: Net foreign assets is $264.9 million for all banks surveyed in the June quarter 2021. Total lending for the June quarter 2021 sat at $273.0 million. The money supply increased by 4.4 percent overall Interest...

read more
Banking Statistics – March quarter 2021

Banking Statistics – March quarter 2021

Key facts For the March Quarter 2021: Net foreign assets is $274.5 million for all banks surveyed in the March quarter 2021. Total lending for the March quarter 2021 sat at $279.5 million. The money supply decreased by 0.5 percent overall Interest...

read more
Banking Statistics – December Quarter 2020

Banking Statistics – December Quarter 2020

Key facts For the December Quarter 2020: Net foreign assets is $277.1 million for all banks surveyed in the December quarter 2020. Total lending for the December quarter 2020 sat at $279.1 million. The money supply decreased by 17.1 percent overall Interest...

read more
Banking Statistics – September quarter 2020

Banking Statistics – September quarter 2020

Key facts For the September Quarter 2020: Net foreign assets is $297.0 million for all banks surveyed in the September quarter 2020. Total lending for the September quarter 2020 sat at $284.4 million. The money supply decreased by 3.7 percent overall...

read more
Banking Statistics – June Quarter 2020

Banking Statistics – June Quarter 2020

Key facts For the June Quarter 2020: Net foreign assets is $298.7 million for all banks surveyed in the June quarter 2020. Total lending for the June quarter 2020 sat at $277.9 million. The money supply increased by 17.5 percent overall Interest...

read more