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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 1]
$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 >>
ASB Research: Business, Not Government, Should Lead The Charge In Improving Productivity
Monday, 26 February 2024, 8:44 am | ASB Bank
Low investment in capital, knowledge and research and development has left New Zealanders working longer and producing less than overseas counterparts. High-performing small advanced economies benefit from exposure to international competition and domestic ... More >>
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 >>
