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ASB Bank - Latest News [Page 1]

Major ASB Fraud And Scam Awareness Campaign To Help Get New Zealanders One Step Ahead Of Scammers

Wednesday, 21 February 2024, 10:13 am | ASB Bank

ASB has this week launched the first phase of a significant, ongoing and multi-layered fraud and scams awareness campaign, to help keep all New Zealanders informed and vigilant, as the first line of defence against scams. David Bullock, ASB Executive ... More >>

ASB Half-year Profit Down 12%: Focus On Customer Support Continues, Including Tackling Financial Crime

Wednesday, 14 February 2024, 10:12 am | ASB Bank

ASB today reported a cash [1 ] net profit after tax (NPAT) of $707 million for the six months to 31 December 2023, a decrease of $96 million or 12% on the prior year. This reflects a lower net interest margin (NIM), down 26bps on the prior year. Statutory ... More >>

ASB Partners With Rewiring Aotearoa To Identify Opportunities To Transition Kiwi Homes

Tuesday, 13 February 2024, 9:49 am | ASB

ASB has signed a letter of intent with Rewiring Aotearoa, a New Zealand energy transition charity. ASB intends to finance a pilot study to help identify barriers and opportunities for consumers around energy transitions, focusing on a sample of Kiwi homes. The ... More >>

ASB Removes Millions Of Dollars In Transaction Fees

Friday, 22 December 2023, 7:09 pm | ASB

ASB has this month removed a number of transaction fees across its personal and business accounts, including fees on Visa Debit cards, staff assisted transactions, and the establishment of personal overdrafts. Customers across more than 800,000 ... More >>

ASB Drops Home Lending And Term Deposit Rates

Friday, 22 December 2023, 8:44 am | ASB Bank

Today ASB has made changes to its home lending rates, decreasing its two-year rate by 16 basis points from 7.05% to 6.89%. ASB’s three-year rate has dropped by 10 basis points from 6.85% to 6.75%. ASB has also adjusted some of its long-term term ... More >>

ASB Announces New Fund Backing New Zealand’s Clean Tech Industry

Thursday, 14 December 2023, 10:49 am | ASB

ASB is accelerating New Zealand’s clean tech sector with a new fund that makes it easier for early-stage companies to access capital. The Clean Tech Fund will provide lending of up to $5 million for businesses focused on technology or processes that ... More >>

ASB Partners With Woolworths New Zealand To Bring Customers More Choice With Everyday Rewards

Wednesday, 6 December 2023, 12:05 pm | ASB Bank

ASB and Woolworths are bringing customers a new way to earn and redeem rewards with ASB signing on as a founding bank partner for Woolworths’ Everyday Rewards programme which launches in February 2024. ASB Rewards credit card customers will have the ... More >>

ASB Economic Forecast December 2023 - Cautiously Optimistic: NZ Is Past The Worst, But Has A Slow Climb Ahead, Says ASB

Wednesday, 6 December 2023, 10:01 am | ASB Bank

Strong migration and spending have provided a boost to the New Zealand economy which, according to the latest ASB Quarterly Economic Forecast, is now on an upward trajectory. But the pick-up in momentum will be gradual, says ASB. “It’s looking increasingly ... More >>

ASB Launches New Aggressive Investment Funds

Wednesday, 22 November 2023, 8:44 am | ASB Bank

ASB has today launched two new Aggressive Funds that aim to provide customers with the highest investment returns over the long term of all its funds, with the largest movements in value up and down. The funds have been launched in response to strong ... More >>

Youthline Moves To 24/7 Counselling Service, With Support From ASB

Saturday, 4 November 2023, 5:51 pm | ASB

For the first time in its 53-year history, Youthline’s phone and text message Helpline is now available to young people 24 hours a day, seven days a week, thanks to support from ASB – and it’s already saving lives. Previously, Youthline’s ... More >>

ASB Champions Affordable And Social Housing With Innovative Accelerated Housing Fund

Friday, 3 November 2023, 9:33 am | ASB Bank

ASB will support the delivery of up to 1,000 new homes over the next two years, funded through its new Accelerated Housing Fund for affordable and social housing. It’s just one of the bank’s innovative approaches to tackling New Zealand’s ... More >>

ASB Increases Term Deposit Rates To 15-year Highs

Thursday, 12 October 2023, 9:35 am | ASB Bank

ASB has increased several of its term deposit rates today, with some terms now at rates not offered by major New Zealand banks since 2008. It's the twelfth time the bank has increased term deposit rates this calendar year. Five ASB term deposits ... More >>

ASB To Boost Food And Fibre Sector With New Programme For High-potential Exporters

Tuesday, 3 October 2023, 8:58 am | ASB Bank

ASB has today launched ASB ACCESS, a new programme to accelerate the export growth of established high-potential food and fibre businesses, through access to debt capital alongside advice, connections and expertise. ASB ACCESS will support food and fibre ... More >>

ASB Canstar's Bank Of The Year For Digital Banking For Second Year Running

Tuesday, 26 September 2023, 10:54 am | ASB Bank

ASB's mobile and online banking offering has earned Canstar’s top award for digital banking, for a second consecutive year. The winning combination of tools for saving, budgeting and managing accounts has secured ASB the victory, with the expert panel ... More >>

ASB Securities Awarded Canstar Most Satisfied Customers For Online Share Trading

Wednesday, 30 August 2023, 1:34 pm | ASB

ASB Securities, ASB’s online share trading platform, has taken out Canstar’s 2023 Most Satisfied Customers award for online share trading. In a survey of more than 1,000 Kiwi online share trading customers ASB Securities received top scores ... More >>

ASB predicts economic flatlining ahead of 2024 rebound

Tuesday, 22 August 2023, 5:55 am | ASB

The New Zealand economy is expected to be flat until early 2024 RBNZ predicted to hold the OCR until the second half of 2024 before making cuts Net immigration is up and providing a boost to the labour market Inflation expected to remain above ... More >>

ASB Full Year Results: Challenging Operating Environment Sees Profit Decline 11% In Second Half

Wednesday, 9 August 2023, 10:41 am | ASB

ASB today reported a cash net profit after tax (NPAT) of $1,550 million for the 12 months to 30 June 2023, an increase of $132 million or 9% on the prior year. The result reflects a strong first half, with performance softening for the six months ... More >>

ASB Introduces Support Finder Tool For All New Zealanders

Thursday, 6 July 2023, 3:27 pm | ASB Bank

ASB has expanded its Support Finder tool to make it accessible to all New Zealanders, whether they are existing customers or not. The Support Finder tool was launched in 2021 to connect customers to support payments provided by Ministry of Social Development ... More >>

ASB Welcomes Market Study Announcement

Tuesday, 20 June 2023, 12:50 pm | ASB Bank

ASB welcomes this afternoon’s announcement by Minister of Finance, Hon. Grant Robertson and Minister of Commerce and Consumer Affairs, Hon. Dr Duncan Webb of a Commerce Commission market study into personal banking services in New Zealand. Chief ... More >>

ASB Housing Confidence Survey: Sentiment Inches Up, But Kiwi Still On The Fence On Housing Market

Tuesday, 13 June 2023, 9:27 am | ASB Bank

In the first meaningful positive shift in house price expectations since mid-2021, ASB’s Housing Confidence data shows more New Zealanders agree we’re edging closer to the turning point for the housing market, with the nation now roughly split 50/50 ... More >>





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