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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]
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 >>
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 >>
