ASB Bank - Latest News [Page 2]
ASB Trims Interest Rates
Wednesday, 26 November 2025, 5:22 pm | ASB Bank
ASB’s Executive General Manager Personal Banking Adam Boyd says “We know that every little bit helps as we head into the holiday period, and the reductions we’ve made to our variable home loan rates should be welcome news to customers. More >>
ASB Investor Confidence Survey: Confidence Up 9% For Q3
Thursday, 20 November 2025, 9:42 am | ASB
Across the country, investor confidence is highest in Auckland at +16%, while confidence for the rest of New Zealand is up to 7%, including the South Island at 8% and Lower North Island lowest at just 3%. More >>
ASB Land Optimisation Programme To Transform Farmers’ Futures And Add Billions To NZ Economy
Wednesday, 12 November 2025, 8:44 am | ASB Bank
ASB has allocated $1 billion of capital over the next five years through a new land optimisation programme, aimed at lifting the productivity and resilience of 1,000 farms. More >>
Kashin Money Boxes Return To Celebrate 150 Years Of ASB Setting Up Tamariki For A More Resilient Future
Tuesday, 4 November 2025, 9:34 am | ASB
Tools like Kashin, alongside ASB’s digital banking features and educational programmes help start crucial conversations with children about finances. More >>
ASB Economists: Lifting Productivity Could Boost The Economy By $60 Billion Each Year By 2050
Friday, 31 October 2025, 1:19 pm | ASB Bank
Despite New Zealand’s renowned ingenuity and can-do spirit, output per worker remains 25–30% below the OECD average. This gap has shown few signs of closing post-COVID and may actually have widened in the last decade. More >>
ASB Warns Of Impersonation Scam Targeting Kiwi Businesses
Friday, 31 October 2025, 10:53 am | ASB Bank
Scammers are currently targeting business customers, saying their account is at risk, there is fraud on the account, there are suspicious transactions or that their account is being hacked. More >>
ASB Doubles Down On Social And Affordable Housing Commitment With $1billion Accelerated Housing Fund
Tuesday, 28 October 2025, 10:15 am | ASB
ASB is further reducing presale requirements for affordable housing, making the fund more accessible to a wider range of housing developments. More >>
ASB Economists: Fonterra’s Proposed Capital Return Could Unlock $4.5bn In Spending
Friday, 24 October 2025, 7:52 am | ASB Bank
Fonterra’s proposed sale of its Anchor and Mainland brands to Lactalis is expected to deliver a tax-free capital return of approximately $3.2 billion to around 8,000 shareholding farms. More >>
ASB Cuts Mortgage Rates Further
Monday, 20 October 2025, 5:03 pm | ASB
ASB’s Executive General Manager Personal Banking Adam Boyd says “These rate reductions will be welcome news to the thousands of households looking to refix their mortgages or begin their home ownership journey.” More >>
ASB Trims Interest Rates For Customers
Wednesday, 8 October 2025, 6:38 pm | ASB Bank
Some savings products including Savings on Call and Savings Plus will reduce by between 35 and 50 basis points in response to today’s OCR announcement. More >>
ASB And Plaintiffs To Settle CCCFA Class Action
Tuesday, 7 October 2025, 9:17 am | ASB
CEO Vittoria Shortt says, “The settlement brings to an end four years of legal proceedings and provides certainty for us and for our customers. The agreement we’ve come to is a pragmatic way to settle this matter.” More >>
Potholes To Progress | NZ's Bumpy Road To Recovery: ASB Sees Signs Of Stabilisation In Quarterly Economic Forecast
Tuesday, 30 September 2025, 11:56 am | ASB
ASB expects the Reserve Bank to deliver a 50-basis point cut to the Official Cash Rate (OCR) in October, with a further 25bp cut likely in November - potentially bringing the OCR down to 2.25% before Christmas. More >>
Investor Confidence Drops To Pandemic Levels Amid Global Uncertainty And Slow Economic Recovery
Monday, 22 September 2025, 7:48 am | ASB
Sentiment is the weakest in the lower North Island, and in contrast, in Auckland the mood is more positive, even though the region faces some of the same challenges.” More >>
Bay Of Plenty Leads, Auckland Shows Signs Of Recovery In ASB’s Latest Regional Economic Scoreboard
Monday, 15 September 2025, 6:42 am | ASB
The Scoreboard ranks New Zealand’s 16 regions across key indicators including employment, retail trade, house prices, and consumer confidence. More >>
ASB Partners With NZ Product Accelerator To Drive Productivity Using AI
Wednesday, 27 August 2025, 11:50 am | ASB
Starting with an initial cohort of 13 students from the University of Auckland, the programme plans to scale up to around 100 student placements and internships each semester from a range of New Zealand universities. More >>
ASB Drops Mortgage Rates
Friday, 15 August 2025, 7:46 am | ASB Bank
ASB also reduced some term deposit rates by between 5 and 15 basis points. More >>
ASB Full Year Result: Profit Down 1%
Wednesday, 13 August 2025, 11:06 am | ASB Bank
Home lending was up 7% on the prior period, while business and rural lending grew by 2%. Total customer deposits increased by 4% and ASB KiwiSaver funds under management grew by 12% to $18.8 billion. More >>
ASB Declines Settlement Proposal, Class Action Case To Continue
Friday, 18 July 2025, 6:29 pm | ASB Bank
The settlement offer received provides no certainty to ASB or other banks which may become subject to similar class actions, or to the sector as a whole. More >>
ASB Offers Support For Customers Affected By Severe Weather
Saturday, 12 July 2025, 12:40 pm | ASB Bank
ASB Executive General Manager for Personal Banking Adam Boyd says ASB wants to hear from any customers needing financial assistance or support. More >>
ASB Welcomes Anti-Scam Alliance
Thursday, 10 July 2025, 3:35 pm | ASB
ASB has spent around $140 million fighting fraud, scams, financial crime and cybercrime this financial year, and has invested in a number of customer initiatives. More >>
