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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]
May New Zealand’s 2025 Be Merry And Bright
Friday, 13 December 2024, 9:49 am | ASB Bank
“It’s amazing what a difference a year makes. The general feeling was pessimistic at the start of this year and while we’re not out of the woods and challenges still lay ahead, there is a sense of guarded optimism about what’s around the corner,” ... More >>
ASB Classic Auction For Youthline Gives Kiwi Opportunity To Grab Ultimate Christmas Presents For Sports Fans
Thursday, 12 December 2024, 3:48 pm | ASB
The auction, supporting Youthline and youth mental health services, is now live on TradeMe until Sunday 22 December, with money-can’t-buy experiences and items. More >>
South Island Trifecta Leads ASB’s Latest Regional Economic Scoreboard
Tuesday, 10 December 2024, 8:31 am | ASB
“It’s been great to see Otago go from strength to strength over the past while,” says ASB Chief Economist Nick Tuffley. “It's impressive to see such sustained growth.” More >>
ASB Lowers Fixed Mortgage Rates
Monday, 2 December 2024, 11:28 am | ASB
ASB has also reduced some of its term deposit rates by between 10 and 20 basis points. More >>
ASB Lowers Rates Following OCR Decrease
Wednesday, 27 November 2024, 2:15 pm | ASB Bank
ASB’s Executive General Manager Business Banking Rebecca James says, “We have passed on every OCR cut since the Reserve Bank began easing in August.” More >>
Confidence In The Housing Market On The Rise
Tuesday, 26 November 2024, 8:19 am | ASB
ASB’s latest Housing Confidence Survey out today suggests momentum could start to build more noticeably in the coming months with Kiwi feeling increasingly positive about house price expectations, interest rates continuing to drop, and whether it’s ... More >>
ASB Appoints New Climate Transition Lead
Monday, 25 November 2024, 11:42 am | ASB Bank
Sam is a tech-minded leader with experience across clean technology, renewables, government advisory, infrastructure climate resilience, transition pathways and use of land. More >>
ASB Partners With CMC Markets To Enhance Share Trading Platform
Monday, 4 November 2024, 9:24 am | ASB
Jonathan Oram, Executive General Manager of Corporate Banking, said: “We are proud of our online share trading platform and the fact that we are the only bank in NZ to offer a share broking service, which complements our other investment products ... More >>
ASB Adjusts Mortgage Rates
Thursday, 17 October 2024, 8:30 am | ASB
ASB has also reduced some of its shorter-term term deposit rates by between 10 and 35 basis points, and increased its 4-and-5 year term deposits by 10 basis points each. More >>
ASB Lowers Rates Following OCR Decrease
Wednesday, 9 October 2024, 2:12 pm | ASB Bank
ASB’s variable home loan rate will fall by 50 basis points from 8.39% to 7.89%, while the Orbit rate drops from 8.49% to 7.99%. ASB’s Business and Rural Floating Base Rate is moving from 6.69% to 6.19%. More >>
ASB Lowers Mortgage Rates
Wednesday, 9 October 2024, 10:29 am | ASB
ASB’s Executive General Manager Personal Banking Adam Boyd says “We’re pleased to lower our mortgage rates across some popular terms in response to dips in wholesale rates, and we know mortgage rates trending downwards in recent months will be a relief ... More >>
Gisborne The Country’s Top Performer In ASB’s Latest Regional Economic Scoreboard
Tuesday, 24 September 2024, 9:15 am | ASB
Scoreboard data for the April to June quarter paints a fairly bleak picture but ASB Senior Economist Chris Tennent-Brown expects inflation pressures to ease further by the end of the year, leading to a brighter 2025. More >>
ASB Quarterly Economic Forecast: The Light At The End Of The Tunnel Is Starting To Shine
Monday, 19 August 2024, 8:33 am | ASB
Signs inflation is falling, and the Reserve Bank’s recent move to start cutting the OCR, means economic pressure will soon begin easing, according to the latest ASB Quarterly Economic Forecast. More >>
ASB Drops All Home Lending Rates Following OCR Decrease
Wednesday, 14 August 2024, 2:37 pm | ASB Bank
ASB is lowering its variable home loan rate by 25 basis points from 8.64% to 8.39%, while the Orbit rate drops from 8.74% to 8.49%. More >>
ASB Full Year Results: Profit Down 10%
Wednesday, 14 August 2024, 10:44 am | ASB
ASB today reported a cash net profit after tax (NPAT) of $1,364 million for the 12 months to 30 June 2024, a decrease of $149 million or 10% on the prior year. Statutory NPAT was $1,455m, a decrease of 7% on the prior year. More >>
ASB Further Drops Rates
Tuesday, 6 August 2024, 8:23 am | ASB
ASB further drops rates ahead of next week’s OCR More >>
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 >>
