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ASB Bank
Helping you get one step ahead.
In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
ASB Bank - Latest News [Page 3]
New Ways To Give To New Zealand Red Cross As ASB Activates True Rewards Spending Power For Cyclone Gabrielle Relief
Thursday, 23 February 2023, 12:12 pm | ASB Bank
ASB customers can show their support for cyclone hit regions without spending a cent, with ASB True Rewards dollars now able to be donated to the New Zealand Red Cross New Zealand Disaster Fund. In addition to ASB’s $2 million donation to New ... More >>
ASB Pledges $400 Million In Low-cost Funding To Support Cyclone Impacted Rural And Corporate Sectors
Monday, 20 February 2023, 1:21 pm | ASB Bank
ASB has today announced new disaster relief for corporate, business and rural customers, committing $400 million in low-cost lending to support businesses heavily impacted by Cyclone Gabrielle. The lending will be offered for a maximum term of two years, ... More >>
ASB To Give $2 Million To Red Cross New Zealand Disaster Fund
Sunday, 19 February 2023, 2:17 pm | ASB
ASB has today announced a $2 million donation to the New Zealand Red Cross New Zealand Disaster Fund, further boosting its support for communities and customers devasted by Cyclone Gabrielle. ASB Chief Executive Officer Vittoria Shortt says ASB will support ... More >>
ASB Half Year Results: Supporting New Zealanders To Navigate Cost-of-living Impacts
Wednesday, 15 February 2023, 10:32 am | ASB Bank
ASB today reported a cash net profit after tax (NPAT) of $822 million for the six months to 31 December 2022, an increase of $80 million or 11% on the prior comparative period. The result was driven by 4% growth in total lending, with home and business ... More >>
ASB Extending Financial Relief And $2,000 One-off Payment To Customers Affected By Cyclone Gabrielle
Wednesday, 15 February 2023, 8:05 am | ASB
ASB is extending its support to customers hardest hit by the extreme weather causing damage across many regions of New Zealand. Following the Auckland Anniversary weekend flooding, ASB offered a one-off ex gratia payment of $2,000 per household for customers ... More >>
ASB Personal And Business Customers Hardest Hit By Recent Weather Offered $2,000 One-off Payment
Friday, 3 February 2023, 12:34 pm | ASB Bank
ASB is offering customers whose homes have been red or yellow stickered following the recent extreme weather events in the upper North Island a one-off $2,000 ex gratia payment per household to help with unforeseen costs. Following the states of emergency ... More >>
ASB Offers Relief To Customers Affected By Severe Weather
Saturday, 28 January 2023, 12:15 pm | ASB Bank
ASB will support customers affected by extreme weather events impacting Auckland with tailored packages including suspension of home loan repayments and emergency overdraft facilities available for personal, business and rural customers. ASB is ... More >>
ASB Scrapping Millions In Business And Personal Account Fees
Friday, 27 January 2023, 6:26 am | ASB
ASB will charge $0 monthly fees on everyday business and personal accounts, removing more than $14 million in account fees over the coming year, one of several initiatives to support customers as the cost of living continues to rise. Chief Executive Vittoria ... More >>
ASB Announces Market-leading Term Deposit Rates In Response To Strong Customer Appetite
Thursday, 26 January 2023, 6:10 am | ASB
In the spirit of new year goal-setting, ASB is encouraging customers to build healthy savings habits by announcing competitive new term deposit rates available from tomorrow. ASB’s one-to-five-month term deposits will be at least 0.40% - 0.50% above the ... More >>
ASB Offers Relief To Customers Impacted By Cyclone Hale
Thursday, 12 January 2023, 11:19 am | ASB Bank
ASB is supporting customers and businesses affected by the extreme weather that’s battered Coromandel Peninsula and the East Coast, offering tailored packages including suspension of home loan repayments and emergency overdraft facilities for personal, ... More >>
No Christmas Miracle For The New Zealand Economy: ASB Predicts 2023 Recession And Rising Unemployment In Latest Outlook
Tuesday, 20 December 2022, 5:14 am | ASB
New Zealanders urged to prepare for sustained period of economic slowdown. OCR expected to peak at 5.5% by mid-2023 as RBNZ grapples with stubborn inflation. Consumer spending to fall as household budgets squeezed further. International tourism rebuild starting, ... More >>
ASB Research Shows Kiwi Are Not Confident In Their Retirement Plans As It Unveils New Digital KiwiSaver Advice Tool
Thursday, 8 December 2022, 10:31 am | ASB Bank
64% of Kiwi believe they need to be saving more for retirement and only around a quarter (27%) have a clear idea how much money they’ll need when they retire, according to new research commissioned by ASB. Of the almost one thousand New Zealanders surveyed, ... More >>
ASB Adjusts Rates Following OCR Increase
Friday, 2 December 2022, 10:01 am | ASB Bank
ASB is adjusting interest rates following the Reserve Bank of New Zealand’s announcement that it is increasing the Official Cash Rate (OCR) by 0.75%. The maximum interest rate on ASB’s Savings Plus deposit account will increase from 2.80% to ... More >>
ASB Announces Youthline As The Official Charity Of The 2023 ASB Classic
Friday, 18 November 2022, 10:31 am | ASB Bank
ASB has announced youth mental health charity Youthline will be the official charity partner of the 2023 ASB Classic. As official charity partner, Youthline will receive all proceeds raised during the tennis tournament through fundraising efforts including ... More >>
ASB’s New Low Interest Home Loan Top Up Could Be The Key To A New EV Or More Energy Efficient Home
Monday, 7 November 2022, 9:13 am | ASB Bank
ASB customers can now upgrade to an electric vehicle or a drier, warmer or more energy efficient home with the new ASB Better Homes Top Up offering a low 1% p.a. fixed interest rate for three years. The ASB Better Homes Top Up will enable existing ... More >>
ASB Celebrates Mount Albert Grammar Centenary With Gift Of Inner-Auckland Farm
Monday, 3 October 2022, 1:37 pm | ASB
As Mount Albert Grammar School’s (MAGS) 100th birthday celebrations come to a close, ASB is helping secure the future of a unique inner city learning opportunity by gifting farmland valued at around $150 million to support ongoing farming education ... More >>
Official Rugby World Cup Sponsor ASB To Share The Love With Thousands Of Fans
Tuesday, 27 September 2022, 3:03 pm | ASB
Christmas is set to come early for thousands of rugby fans in Auckland and Northland, with ASB surprising families across both regions with all-inclusive passes to attend the upcoming women’s Rugby World Cup. Teams from 12 countries ... More >>
ASB Announced As Official Sponsor Of Rugby World Cup 2021
Thursday, 8 September 2022, 11:33 am | ASB
ASB has today announced it will become the Official Sponsor of Rugby World Cup 2021– using the tournament to help inspire future generations. Teams from 12 countries will converge on Auckland and Whangārei in October and November this year for the ... More >>
Inflation, Housing And A Tight Labour Market Set To Continue Putting The Screws On The New Zealand Economy
Wednesday, 31 August 2022, 5:29 am | ASB
Inflation has likely peaked but it could be 2024 before it drops back below 3%. House prices expected to continue to fall through to mid-2023. The OCR is expected to increase to a peak of 4% by year-end before starting to fall in 2024. New Zealanders ... More >>
ASB Adjusts Savings Deposit Rates And Home Lending Rates Following OCR Increase
Monday, 22 August 2022, 9:29 am | ASB Bank
ASB is making interest rate adjustments following the Reserve Bank of New Zealand’s announcement that it is increasing the Official Cash Rate (OCR) by 0.50%. The maximum interest rate on ASB’s Savings Plus deposit account will increase from 1.75% to ... More >>
