ASB Bank - Latest News [Page 1]

A Million Reasons To Use ASB’s Card Control This Summer

Tuesday, 22 December 2020, 10:35 am | ASB Bank

ASB is reminding customers who lose or temporarily misplace their Visa card this summer to use the bank’s mobile app to place an instant block on its use. In the 12 months to the end of November more than 100,000 ASB Visa cards were reported lost ... More >>

Northland And New Zealand’s Rural Sector Steal The Show In The Latest ASB Regional Economic Scoreboard

Friday, 18 December 2020, 8:59 am | ASB

Northland climbs seven spots to take top place Rural New Zealand dominates this quarter with Bay of Plenty and Waikato rounding out the top three The North Island is still the place to be as the South Island trails Taranaki dropped eight spots, ... More >>

ASB Welcomes Business Finance Guarantee Scheme Extension With An Interest Rate Cut

Wednesday, 16 December 2020, 4:30 pm | ASB Bank

  ASB has cut its Business Finance Guarantee Scheme (BFGS) interest rates to help ensure more businesses benefit following the scheme’s latest extension, announced by the Government today. The revised Government scheme includes more flexibility ... More >>

ASB Decreases Merchant Services Fees To Further Support Kiwi Businesses

Thursday, 10 December 2020, 12:07 pm | ASB Bank

ASB welcomes the Government’s announcement today that it will consult on merchant services fees and has immediately moved to implement a substantial rebate for small and medium sized ASB business customers until the outcome of the consultation. The ... More >>

Out Of The Frying Pan, Into The Mire According To ASB KiwiSaver Research

Thursday, 10 December 2020, 6:04 am | ASB

Sharemarket volatility has tested the nerve of ASB KiwiSaver customers this year, with six percent switching to lower risk cash and conservative funds in March as Covid-19 saw sharemarkets plunge. Commenting on ASB’s KiwiSaver data, Senior Economist ... More >>

NZ Economy Holding Up Well Amongst The Developed World, Forecast To Finish The Year Down 3% On 2019

Wednesday, 2 December 2020, 8:16 am | ASB

As the Northern hemisphere heads into winter and continued lockdowns, the sun is shining on New Zealand, with the latest ASB Quarterly Economic Forecast predicting just a three percent annual decline by year end – a significantly better outlook ... More >>

ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing

Monday, 30 November 2020, 8:52 am | ASB

House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More >>

ASB Adjusts LVR Restrictions In Support Of First Home Buyers

Thursday, 12 November 2020, 5:03 pm | ASB Bank

ASB is moving immediately to increase the minimum deposit required from investors in the wake of the Reserve Bank of New Zealand’s announcement yesterday that it is considering the reintroduction of loan-to-value restrictions (LVR) in March 2021. ... More >>

$200k Up For Grabs For Kiwi Businesses Innovating In The Face Of COVID

Tuesday, 10 November 2020, 9:23 am | ASB Bank

ASB is calling on entrepreneurs across the country to apply for one of four $50,000 grants to help them bring an innovative business idea to life. The $200,000 grant pool is part of the ASB Backing Business series on TVNZ, which celebrates Kiwi businesses ... More >>

ASB’s Award Winning School Financial Literacy Programme Celebrates 10th Birthday With Digital Relaunch

Thursday, 5 November 2020, 12:22 pm | ASB Bank

  ASB is celebrating ten years of the popular GetWise school programme inspiring Kiwi kids to be confident with money, by taking it to the next level with the launch of a new digital version and expanding its reach. Since 2010, more than ... More >>

Sharemarket Bounce And Buoyant Auckland Housing Market Reflected In ASB Investor Confidence Survey

Tuesday, 27 October 2020, 12:12 pm | ASB Bank

Confidence among New Zealand investors has recovered significantly in the past quarter thanks to a stabilising sharemarket and the better than expected housing market, according to ASB. More >>

ASB Lends Eden Park Naming Rights To Kaikoura Fish & Chip Business

Monday, 12 October 2020, 2:32 pm | ASB

ASB Bank today revealed a Kaikoura fish and chip business as the naming rights sponsor of Eden Park for this weekend’s Bledisloe Cup encounter. Last week ASB made history by securing weeklong naming rights to the iconic stadium and announced that it would ... More >>

ASB Makes History By Scoring Naming Rights To Eden Park

Tuesday, 6 October 2020, 10:17 am | ASB

In a world first, ASB Bank has secured weeklong naming rights to New Zealand’s national stadium for the upcoming Bledisloe Cup, and as part of its continued efforts to back New Zealand business, will gift the opportunity to a Kiwi business in need ... More >>

ASB Backing Business Hits Primetime On TVNZ 1

Friday, 2 October 2020, 4:58 pm | ASB Bank

Hard on the heels of the innovative Borrow the All Blacks campaign, ASB is continuing its support for Kiwi businesses with a new short-format TV series showcasing businesses that are successfully adapting to the challenges of COVID-19. The series called ASB ... More >>

ASB Set To Begin Announcing The 100 Kiwi Businesses Selected To Borrow The All Blacks

Monday, 28 September 2020, 1:40 pm | ASB Bank

ASB has reviewed nearly 2,000 entries to select the 100 small to medium Kiwi businesses that will get a share of the bank’s New Zealand Rugby sponsorship through the ASB Borrow the All Blacks campaign. ASB has chosen to share its biggest sponsorship asset ... More >>

Mighty Manawatu Makes Its Mark In ASB’s Quarterly Regional Economic Scoreboard

Monday, 14 September 2020, 9:07 am | ASB Bank

The Manawatu and Wanganui region has weathered the COVID storm and come out on top this quarter, shooting up six places to be sitting at the top of the ASB Regional Economic Scoreboard. ASB chief economist Nick Tuffley says the region’s agri-based ... More >>

ASB Quarterly Economic Forecast Shows NZ Economy Doing Better Than Expected, But Challenges Remain

Monday, 7 September 2020, 6:13 am | ASB

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More >>

Housing Confidence - Seeing Light At The End Of The Tunnel

Friday, 28 August 2020, 7:51 am | ASB

It’s been a wild ride for New Zealand’s housing market, with lockdown and the COVID-19 fallout impacting Kiwis’ views on the outlook, according to the latest ASB Housing Confidence Survey. For the three months to July, price expectations were ... More >>

ASB Says Business Finance Guarantee Scheme Extension Will Save Jobs And Businesses

Thursday, 20 August 2020, 3:42 pm | ASB Bank

ASB supports the Government’s decision to extend the Business Finance Guarantee Scheme (BFGS) to a broader group of customers, describing it as a timely lifeline for businesses. ASB has already approved more than $40 million of new lending under ... More >>

ASB Is Committed To Keeping Kiwis In Their Family Homes

Monday, 17 August 2020, 4:24 pm | ASB Bank

ASB welcomes the Government’s decision to extend the Mortgage Repayment Deferral Scheme until 31 March 2021. ASB’s executive general manager Retail Banking Craig Sims says today’s extension is in line with the bank’s ongoing commitment to ... More >>