ASB Bank - Latest News [Page 1]
Otago Retains Top Spot In ASB’s Latest Regional Economic Scoreboard
Friday, 14 March 2025, 8:51 am | ASB
The Scoreboard ranks regions based on year-on-year growth across a range of measures, including employment, building consents and retail sales. More >>
ASB Further Boosts Rural Commitment With New Head Of Food & Fibre
Thursday, 6 March 2025, 11:49 am | ASB
Kristen joins ASB from Fonterra where she was most recently Director of Capital Strategy. Starting her career as a Chartered Accountant, Kristen has worked across a variety of roles at organisations including Fonterra, Turners & Growers and Goodman Fielder. More >>
ASB Lowers Fixed Mortgage Rates For Fourth Time This Year, Including A 4.99% Offer
Monday, 24 February 2025, 9:07 am | ASB
ASB’s 2-year mortgage rate drops 30 basis points to a joint-market leading 4.99%*, while its 1-year rate drops 24 basis points to 5.25%. ASB’s has also lowered its 3-year rate to 5.35%. More >>
ASB Lowers Variable Rates For Personal, Business And Rural Customers
Wednesday, 19 February 2025, 2:35 pm | ASB Bank
The OCR decrease is also being reflected in some of ASB’s savings rates. Savings On Call will move to 1.15% while ASB’s youth account, Headstart and its bonus saver account Savings Plus will both shift to 3.15%. More >>
ASB Lowers Popular Mortgage Rates For The Second Time In Two Weeks
Monday, 3 February 2025, 10:01 am | ASB Bank
ASB has also reduced three of its term deposit rates by between 5 and 10 basis points. More >>
ASB Kicks Off The New Year With Market-leading Mortgage Rates
Friday, 17 January 2025, 8:26 am | ASB Bank
ASB’s 1-year term drops 20 basis points from 5.79% to a market- leading rate of 5.59%, while its 18-month term also drops 20 basis points to 5.39%. More >>
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 >>