ASB Bank - Latest News [Page 1]

ASB Quarterly Economic Forecast August 2019

Monday, 19 August 2019, 8:22 am | ASB Bank

The expected rocket back to growth for the New Zealand economy has stalled somewhat, despite a number of factors continuing to propel it forward, according to the latest ASB Quarterly Economic Report More >>

ASB Bank takes a stake in TradeWindow

Monday, 12 August 2019, 10:59 am | ASB Bank

An investment from ASB into a newly launched technology company, TradeWindow, will fast-track development of its visionary Distributed Ledger Technology (DLT) trade platform. More >>

ASB launches ‘Smiles’ campaign

Monday, 12 August 2019, 10:48 am | ASB Bank

ASB GetWise graduate Hana follows up her successful ‘Stick’ start up business with orange smiles in the second chapter of ASB’s financial literacy advertising campaign, celebrating a generation of cash clever Kiwi kids. More >>

ASB moves quickly to cut home loan interest rates

Wednesday, 7 August 2019, 2:12 pm | ASB Bank

Wednesday 7 August 2019 ASB has responded immediately to the RBNZ’s decision to reduce the Official Cash Rate by lowering its variable home loan and Orbit home loan rates. ASB’s variable home loan rate is reduced by 0.50% from 5.70% p.a. to 5.20% ... More >>

ASB invests in keeping Kiwis’ finances safe sound and secure

Wednesday, 7 August 2019, 10:18 am | ASB Bank

ASB today reported a statutory net profit after taxation (NPAT) of $1,274 million for the year ended 30 June 2019. This represents an 8% increase on the prior year. This included a one-off $46 million gain from the sale of Paymark Ltd. Cash NPAT ... More >>

ASB launches investment podcast on Spotify

Tuesday, 30 July 2019, 11:05 am | ASB Bank

As part of its core purpose to help accelerate the financial progress of all New Zealanders, ASB Bank has launched an investment podcast which will be available to all listeners through Spotify and Apple podcasts. More >>

ASB welcomes KiwiSaver changes

Monday, 1 July 2019, 10:34 am | ASB Bank

From today, all New Zealanders will be able to access KiwiSaver regardless of their age with the government’s policy for over 65-year-olds coming into force from 1 July. More >>

ASB takes out Canstar First Home Buyer Award for 2019

Friday, 28 June 2019, 9:48 am | ASB Bank

First home ownership is a huge step in most people’s lives, and ASB has been recognised for its work in helping Kiwis with this process, winning the Canstar First Home Buyer Award for 2019. More >>

ASB adds Google Pay just months after addition of Apple Pay

Wednesday, 19 June 2019, 10:01 am | ASB Bank

ASB has added Google Pay to its suite of payment technologies, with its Android customers now able to use the payment technology. This comes just a few months after the bank introduced Apple Pay, and means ASB customers now have the choice to pay with Google ... More >>

Youthline to get 25 new volunteers

Wednesday, 5 June 2019, 12:47 pm | ASB Bank

Despite pouring rain and single digit temperatures, almost 4,000 participants made every step count at Sunday’s ASB Christchurch Marathon, helping to raise $20,000 for Youthline. More >>

ASB Regional Economic Scoreboard Q1 2019

Tuesday, 4 June 2019, 9:26 am | ASB Bank

The Hawke’s Bay remains king of the Scoreboard castle, holding onto its gold medal for the second quarter in a row. More >>

ASB wins Canstar Tertiary Banking and Canstar Junior awards

Friday, 31 May 2019, 12:03 pm | ASB Bank

ASB Bank has added to its collection of Canstar awards, scooping the Tertiary Banking Award for the second year in a row and the Canstar Junior Banking Award for the fourth year in a row. More >>

Kiwis know how much to save but think they aren't on track

Tuesday, 28 May 2019, 8:34 am | ASB Bank

• A clear majority, some 58% of respondents think they need to save more for retirement More >>

Proposed Capital Gains Tax puts a dampener on housing

Monday, 27 May 2019, 9:06 am | ASB Bank

House price expectations fell across the country in the three months to April 2019, with Auckland house price expectations turning negative for the first time since 2009 More >>

ASB announces strategic review of Aegis

Tuesday, 21 May 2019, 2:03 pm | ASB Bank

ASB has made a decision to undertake a strategic review of its investment and custody businesses Aegis Limited and Investment Custodial Services Limited (together “Aegis”). More >>

ASB gives Kiwis the chance to pay-it-forward

Monday, 20 May 2019, 2:45 pm | ASB Bank

ASB is celebrating its 11-year partnership with Ronald McDonald House Charities® New Zealand by launching a term deposit offer which will see the bank donate up to $100,000 to the charity on their customers’ behalf. More >>

Expected economic pickup a no show

Friday, 17 May 2019, 9:13 am | ASB Bank

The latest ASB Quarterly Economic Forecast reveals that while 2019 has so far proved a comeback year for golfer Tiger Woods, it’s shaping up to be a sub-par one for economic momentum globally. More >>

Uncertainty sees investor confidence in housing divided

Wednesday, 15 May 2019, 3:49 pm | ASB Bank

Investor confidence in the country’s housing market is at sixes and sevens, with the latest ASB Investor Confidence Survey showing perceptions that respondents’ own home will provide the best return on investment are at an all-time high in the ... More >>

ASB lowers variable home loan rate

Thursday, 9 May 2019, 10:40 am | ASB Bank

Following the RBNZ’s decision to reduce the Official Cash Rate, ASB is taking the opportunity to lower its variable home loan and Orbit home loan rates. More >>

KiwiSaver performance bounces back after market volatility

Wednesday, 1 May 2019, 11:30 am | ASB Bank

KiwiSaver fund performance has rebounded in the first few months of 2019, more than recovering last year’s losses after a volatile quarter in the markets saw many member balances dip. More >>

 

 

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