ASB Bank - Latest News [Page 2]

ASB Strengthens Support Measures To Help More Businesses

Wednesday, 1 April 2020, 5:25 pm | ASB Bank

ASB has further increased its range of support measures for Kiwi business customers impacted by the economic effects of Coronavirus (COVID-19), by participating in the Government's Business Finance Guarantee Scheme. ASB's eligible business customers ... More >>

We’re Here To Get Kiwis Through

Friday, 27 March 2020, 12:45 pm | ASB Bank

ASB Chief Executive Vittoria Shortt is commending the swift action taken by all parties to develop another major financial support package for homeowners whose income has been impacted by COVID-19. “It is vital we’re all working together to deliver ... More >>

ASB Cuts Home Loan Interest Rates To Support Customers

Monday, 16 March 2020, 10:00 am | ASB

ASB has responded to the RBNZ’s decision to reduce the Official Cash Rate, saying it will pass on the full cut to its customers. “We’ve made a deliberate choice to pass on the full Official Cash Rate cut to our customers so we can support them ... More >>

Housing Confidence To Be Tested

Thursday, 12 March 2020, 8:42 am | ASB Bank

House price expectations have risen for the third quarter in a row but at the expense of housing affordability, according to the latest ASB Housing Confidence Survey. Expectations are now well above “average”, with Auckland having caught up with ... More >>

ASB invests in Dunedin community

Friday, 6 March 2020, 2:50 pm | ASB Bank

ASB has reaffirmed its commitment to Dunedin and the Otago community, making a significant investment in a new home for its Dunedin branch. The branch was officially opened on Thursday with a ribbon cutting ceremony, where frontline staff member Nicky Geary, ... More >>

Gisborne King Of The Scoreboard Castle For 2019

Friday, 6 March 2020, 11:07 am | ASB Bank

The sun has certainly been shining on the first city in the world to see it, with Gisborne retaining its gold medal for three consecutive quarters. House price growth, retail sales and construction have all topped the nationwide ranks over the quarter, ... More >>

ASB Offers Support To Drought-affected Customers

Wednesday, 4 March 2020, 1:49 pm | ASB Bank

  ASB is supporting its farming customers affected by drought and unseasonably dry conditions, offering tailored packages including principal relief on lending, no fees on new working capital if required, as well as up to $100,000 overdraft at ... More >>

ASB Becomes A Living Wage Employer

Monday, 2 March 2020, 11:34 am | ASB Bank

ASB has become an accredited Living Wage employer. This means all workers, including security guards, cleaners and others employed by contractors providing regular and ongoing services, will be paid no less than the Living Wage - currently $21.15 an ... More >>

Hoping For Some Immunity

Thursday, 27 February 2020, 5:46 am | ASB

The NZ economy was showing signs that it was turning up heading into the New Year. Coronavirus will cause a sharp and – we hope – short jolt to the economy in the first half of the year. Both the RBNZ and the Government are well placed to provide ... More >>

ASB And WiTH Collective New Zealand Launch New Brand Platform

Monday, 24 February 2020, 10:42 am | ASB

ASB has launched its latest brand campaign, encouraging New Zealanders to “Live Life One Step Ahead” via WiTH Collective New Zealand, Linked by Isobar. The new brand work has been designed to reflect customers changing expectations of life and ... More >>

2019 Best Year For KiwiSaver Returns But Perceptions Remain Low

Monday, 24 February 2020, 8:11 am | ASB

ASB’s diversified KiwiSaver funds recorded the best calendar year returns ever in 2019, however perceptions have yet to catch up with the rebound according to the latest ASB KiwiSaver survey. Looking specifically at the ASB KiwiSaver Scheme, record ... More >>

ASB Half Year Result – Supporting Kiwis’ Financial Wellbeing Through Innovation

Wednesday, 12 February 2020, 10:56 am | ASB

Wednesday 12 February 2020 ASB today reported a statutory net profit after taxation (NPAT) of $599 million for the six months ended 31 December 2019. This represents a 5% decrease on the prior comparative period. This included a one-off $28 million ... More >>

Love affair with housing boosts overall investor confidence

Wednesday, 29 January 2020, 8:09 am | ASB Bank

It’s all about housing this quarter, as signs of life in the property market saw investor confidence lift, according to the latest ASB Investor Confidence Survey. More >>

ASB creates biodegradable Sustainaball to celebrate Classic

Wednesday, 8 January 2020, 10:40 am | ASB Bank

ASB is taking a sustainable spin on one of the most iconic Kiwi summer props, the humble tennis ball, creating a world-first biodegradable Sustainaball which can produce a native New Zealand seedling. While a normal tennis ball can take hundreds of years ... More >>

Lush forest experience and sustainability at the ASB Classic

Thursday, 19 December 2019, 12:28 pm | ASB Bank

ASB Classic visitors now have the chance to help re-grow New Zealand’s native forests through an innovative partnership with charity Trees That Count. More >>

Regions have a stable quarter on the scoreboard

Monday, 16 December 2019, 1:44 pm | ASB Bank

·         The scoreboard remained fairly stable this quarter, with three regions holding their table position and a further six moving less than three places. ·         Gisborne held onto its reign at the top of the leaderboard. ·         Hawke’s ... More >>

Good vibrations

Monday, 9 December 2019, 9:14 am | ASB Bank

Kiwis are picking up on good vibrations in the housing market, with housing confidence continuing to improve according to the latest ASB Housing Confidence Survey. House price expectations rose for the second quarter in a row with confidence back to average ... More >>

ASB gets DVFREE Tick from Shine to support staff wellbeing

Wednesday, 4 December 2019, 3:11 pm | ASB Bank

ASB has been awarded the DVFREE Tick by Shine, demonstrating its commitment to create a domestic violence-free workplace where staff can feel safe and supported. More >>

Investor Confidence in need of a spring boost

Thursday, 7 November 2019, 9:45 am | ASB Bank

Investor Confidence has fallen to a three-and-a-half year low, as confidence in the return on a number of products and assets slipped over the quarter. More >>

The million dollar question - how much is enough to retire?

Monday, 4 November 2019, 10:29 am | ASB Bank

Working out how much money is needed to retire can be a complex process, and at current levels, the average person will outlive their savings by roughly nine years according to the World Economic Forum’s analysis, so how do we close the gap? More >>