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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 3]
ASB Removes Millions Of Dollars In Transaction Fees
Friday, 22 December 2023, 7:09 pm | ASB
ASB has this month removed a number of transaction fees across its personal and business accounts, including fees on Visa Debit cards, staff assisted transactions, and the establishment of personal overdrafts. Customers across more than 800,000 ... More >>
ASB Drops Home Lending And Term Deposit Rates
Friday, 22 December 2023, 8:44 am | ASB Bank
Today ASB has made changes to its home lending rates, decreasing its two-year rate by 16 basis points from 7.05% to 6.89%. ASB’s three-year rate has dropped by 10 basis points from 6.85% to 6.75%. ASB has also adjusted some of its long-term term ... More >>
ASB Announces New Fund Backing New Zealand’s Clean Tech Industry
Thursday, 14 December 2023, 10:49 am | ASB
ASB is accelerating New Zealand’s clean tech sector with a new fund that makes it easier for early-stage companies to access capital. The Clean Tech Fund will provide lending of up to $5 million for businesses focused on technology or processes that ... More >>
ASB Partners With Woolworths New Zealand To Bring Customers More Choice With Everyday Rewards
Wednesday, 6 December 2023, 12:05 pm | ASB Bank
ASB and Woolworths are bringing customers a new way to earn and redeem rewards with ASB signing on as a founding bank partner for Woolworths’ Everyday Rewards programme which launches in February 2024. ASB Rewards credit card customers will have the ... More >>
ASB Economic Forecast December 2023 - Cautiously Optimistic: NZ Is Past The Worst, But Has A Slow Climb Ahead, Says ASB
Wednesday, 6 December 2023, 10:01 am | ASB Bank
Strong migration and spending have provided a boost to the New Zealand economy which, according to the latest ASB Quarterly Economic Forecast, is now on an upward trajectory. But the pick-up in momentum will be gradual, says ASB. “It’s looking increasingly ... More >>
ASB Launches New Aggressive Investment Funds
Wednesday, 22 November 2023, 8:44 am | ASB Bank
ASB has today launched two new Aggressive Funds that aim to provide customers with the highest investment returns over the long term of all its funds, with the largest movements in value up and down. The funds have been launched in response to strong ... More >>
Youthline Moves To 24/7 Counselling Service, With Support From ASB
Saturday, 4 November 2023, 5:51 pm | ASB
For the first time in its 53-year history, Youthline’s phone and text message Helpline is now available to young people 24 hours a day, seven days a week, thanks to support from ASB – and it’s already saving lives. Previously, Youthline’s ... More >>
ASB Champions Affordable And Social Housing With Innovative Accelerated Housing Fund
Friday, 3 November 2023, 9:33 am | ASB Bank
ASB will support the delivery of up to 1,000 new homes over the next two years, funded through its new Accelerated Housing Fund for affordable and social housing. It’s just one of the bank’s innovative approaches to tackling New Zealand’s ... More >>
ASB Increases Term Deposit Rates To 15-year Highs
Thursday, 12 October 2023, 9:35 am | ASB Bank
ASB has increased several of its term deposit rates today, with some terms now at rates not offered by major New Zealand banks since 2008. It's the twelfth time the bank has increased term deposit rates this calendar year. Five ASB term deposits ... More >>
ASB To Boost Food And Fibre Sector With New Programme For High-potential Exporters
Tuesday, 3 October 2023, 8:58 am | ASB Bank
ASB has today launched ASB ACCESS, a new programme to accelerate the export growth of established high-potential food and fibre businesses, through access to debt capital alongside advice, connections and expertise. ASB ACCESS will support food and fibre ... More >>
ASB Canstar's Bank Of The Year For Digital Banking For Second Year Running
Tuesday, 26 September 2023, 10:54 am | ASB Bank
ASB's mobile and online banking offering has earned Canstar’s top award for digital banking, for a second consecutive year. The winning combination of tools for saving, budgeting and managing accounts has secured ASB the victory, with the expert panel ... More >>
ASB Securities Awarded Canstar Most Satisfied Customers For Online Share Trading
Wednesday, 30 August 2023, 1:34 pm | ASB
ASB Securities, ASB’s online share trading platform, has taken out Canstar’s 2023 Most Satisfied Customers award for online share trading. In a survey of more than 1,000 Kiwi online share trading customers ASB Securities received top scores ... More >>
ASB predicts economic flatlining ahead of 2024 rebound
Tuesday, 22 August 2023, 5:55 am | ASB
The New Zealand economy is expected to be flat until early 2024 RBNZ predicted to hold the OCR until the second half of 2024 before making cuts Net immigration is up and providing a boost to the labour market Inflation expected to remain above ... More >>
ASB Full Year Results: Challenging Operating Environment Sees Profit Decline 11% In Second Half
Wednesday, 9 August 2023, 10:41 am | ASB
ASB today reported a cash net profit after tax (NPAT) of $1,550 million for the 12 months to 30 June 2023, an increase of $132 million or 9% on the prior year. The result reflects a strong first half, with performance softening for the six months ... More >>
ASB Introduces Support Finder Tool For All New Zealanders
Thursday, 6 July 2023, 3:27 pm | ASB Bank
ASB has expanded its Support Finder tool to make it accessible to all New Zealanders, whether they are existing customers or not. The Support Finder tool was launched in 2021 to connect customers to support payments provided by Ministry of Social Development ... More >>
ASB Welcomes Market Study Announcement
Tuesday, 20 June 2023, 12:50 pm | ASB Bank
ASB welcomes this afternoon’s announcement by Minister of Finance, Hon. Grant Robertson and Minister of Commerce and Consumer Affairs, Hon. Dr Duncan Webb of a Commerce Commission market study into personal banking services in New Zealand. Chief ... More >>
ASB Housing Confidence Survey: Sentiment Inches Up, But Kiwi Still On The Fence On Housing Market
Tuesday, 13 June 2023, 9:27 am | ASB Bank
In the first meaningful positive shift in house price expectations since mid-2021, ASB’s Housing Confidence data shows more New Zealanders agree we’re edging closer to the turning point for the housing market, with the nation now roughly split 50/50 ... More >>
ASB Adjusts Rates Following OCR Increase
Wednesday, 24 May 2023, 2:13 pm | ASB Bank
ASB is making interest rate adjustments following today’s decision by the Reserve Bank of New Zealand to increase the Official Cash Rate (OCR) by 0.25%. ASB is lifting interest rates on its Saving Plus deposit account and its Headstart account, passing ... More >>
ASB Offers Discounted Lending To Support Businesses’ Social And Environmental Sustainability Efforts
Tuesday, 23 May 2023, 9:46 am | ASB Bank
ASB is helping businesses on their sustainability journey with its new Business Sustainability Loan, aimed at supporting positive social and environmental change. The loan offers a discounted variable rate for eligible business projects requiring ... More >>
ASB Lifts Term Deposit Rates
Thursday, 18 May 2023, 11:16 am | ASB Bank
ASB has made changes to its term deposit rates, increasing seven out of eight of its short-term rates. ASB’s short-term deposit rates will increase by up to 0.35% across different terms between one month and 12 months. ASB’s six-month term deposit ... More >>
