Celebrating 25 Years of Scoop
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 1]
ASB Household Sector Outlook - Interest Rate Relief This Year Looks Possible
Thursday, 4 July 2024, 11:55 am | ASB Bank
Signs are looking brighter for New Zealand households in 2025, according to the ASB Household Sector Outlook published today, with interest rate relief possible before the end of the year. More >>
Southland Takes Top Spot In ASB’s Latest Economic Regional Scoreboard
Wednesday, 3 July 2024, 8:47 am | ASB
Despite a modest increase in housing prices and a slight uptick in retail volumes, a cooling labour market and soft migration figures suggest the challenges of previous quarters remain throughout the country. More >>
ASB Offers Relief To Customers Affected By Severe Weather
Thursday, 27 June 2024, 5:57 pm | ASB Bank
ASB will support customers affected by extreme weather impacting the East Coast with tailored packages including suspension of home loan repayments and emergency overdraft facilities available for personal, business and rural customers. More >>
ASB To Propel Rising Māori Business Stars
Wednesday, 26 June 2024, 11:23 am | ASB
To coincide with Matariki, ASB has launched Te Mātahi, a new business lending programme aimed at supporting entrepreneurship and growing the Māori economy. By providing access to capital, the programme will help established Māori businesses to upscale ... More >>
ASB To Teach Fraud And Scam Awareness In Schools
Wednesday, 26 June 2024, 8:40 am | ASB
ASB is teaching the next generation of New Zealanders how to spot fraud and scams with its new ScamWise workshop in schools. More >>
ASB: Interest Rate Sentiment Has Turned But Housing Market Uncertainty Remains
Wednesday, 29 May 2024, 5:35 am | ASB Bank
For the first time in more than three years, more New Zealanders are expecting interest rates to fall in the coming year than keep rising, as confidence that the Official Cash Rate has reached its peak grows. More >>
ASB Becomes First NZ Bank To Partner With Hidden Disabilities Sunflower To Help All Customers Feel Seen
Thursday, 16 May 2024, 11:07 am | ASB Bank
“Led by our own Neurodiversity Network Group, this initiative is another way we are building on the extra care and support options we have available for our customers, and showing up in a way that responds to specific needs.” More >>
ASB Lowers Mortgage Rates Again
Thursday, 16 May 2024, 7:52 am | ASB Bank
Effective immediately the three-year term will drop 26 basis points from 6.65% to 6.39%, with the four-year rate falling 10 points from 6.49% to 6.39%. More >>
Productivity Reset Needed To Help Push Inflation Down, Says ASB
Thursday, 16 May 2024, 7:26 am | ASB Bank
New Zealand’s low productivity performance is likely to be a factor behind New Zealand’s sustained high inflation according to ASB. Low productivity is a key reason we are less well off than many OECD peers, with New Zealanders having lower ... More >>
ASB Drops Mortgage Rates
Wednesday, 8 May 2024, 8:09 am | ASB
ASB has today dropped its fixed home lending rates for the seventh time this year. Three of ASB’s mortgage rates – the six-month, one year and four year – have dropped by up to 10 basis points, with the six-month & four-year term now the most ... More >>
$1 Trillion Bill For New Zealand Infrastructure In The Pipeline
Thursday, 4 April 2024, 11:23 am | ASB
New Zealand is facing up to a $1 trillion bill over the next 30 years to bring the country’s infrastructure up to scratch and to future-proof it to meet challenges, including climate change. More >>
Persevere Through A Flat 2024, Says ASB
Wednesday, 27 March 2024, 9:18 am | ASB Bank
Ongoing strong migration and growth in some sectors have helped the New Zealand economy stay the course according to the latest ASB Quarterly Economic Forecast, but it is going to continue to be a slow grind for Kiwis over the coming months. ... More >>
ASB Sustainable Economics Report Calls For Kiwis To Change The Way They Use Energy
Monday, 25 March 2024, 11:37 am | ASB Bank
ASB’s latest Sustainable Economics report released today shows New Zealand’s energy usage will need to become heavily electrified if the country is to meet its net zero by 2050 emissions target. With 70% of emissions in the target’s scope ... More >>
ASB Regional Economic Scoreboard Q4 2023
Wednesday, 20 March 2024, 9:28 am | ASB Bank
ASB’s Regional Economic Scoreboard shows Auckland coping best, amid economic slowdown Auckland has led the Scoreboard for the second consecutive quarter. This quarter’s Scoreboard ‘winners’ are those coping better than others rather than producing ... More >>
ASB Rural Quarterly Report
Friday, 15 March 2024, 8:58 am | ASB Bank
Dairy rebounds, forestry looking up as meat prices lag, but overall a more positive outlook for the sector More >>
ASB Drops Interest Rates
Monday, 11 March 2024, 9:26 am | ASB Bank
ASB has today dropped its fixed home lending rates for the third time in two weeks. Its six-month term has dropped 10 basis points from 7.39% to 7.29%, while the one-year term has reduced by 5 basis points to 7.24%. ASB’s two-year mortgage rate has also ... More >>
ASB Housing Confidence Survey: Price Expectations Highest In Two And A Half Years
Thursday, 7 March 2024, 10:41 am | ASB Bank
ASB’s latest Housing Confidence survey shows house price expectations continue to increase, with net 51% of New Zealanders expecting them to rise – the highest net reading recorded since October 2021, before the start of the most recent housing ... More >>
Media Alert: ASB Drops Mortgage Rates Further
Monday, 4 March 2024, 3:56 pm | ASB Bank
For the second time in a week, ASB has reduced its home lending rates. Effective today, ASB’s one-year lending rate has dropped 10 basis points from 7.39% to 7.29%, and its two-year lending rate has also decreased from 6.89% to 6.85%. ASB has also ... More >>
Spate Of Scam Activity Hitting Pasifika Communities In New Zealand And In The Islands
Saturday, 2 March 2024, 2:16 pm | ASB
ASB is warning of a scam currently circulating on Facebook and Instagram, which takes advantage of the upcoming ASB Polyfest event to target Pasifika communities both in New Zealand and in the Pacific Islands. Scammers have created fake social ... More >>
ASB Reduces 18-month Mortgage Rate To 6.89%
Tuesday, 27 February 2024, 9:32 am | ASB Bank
ASB has today reduced its 18-month fixed home lending rate by 26 basis points from 7.15% to 6.89%, effective immediately. This is the lowest 18-month rate across the major banks. The following can be attributed to ASB Executive General Manager Personal ... More >>
