ASB Bank - Latest News [Page 3]
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 >>
ASB And Trevelyan’s Partner On New Sustainability Linked Loan
Wednesday, 17 May 2023, 12:33 pm | ASB Bank
New Zealand’s largest family owned and single-site kiwifruit and avocado post-harvest service provider, Trevelyan’s, is taking steps to grow a better future, signing a sustainability linked loan (SLL) with sustainability coordinator ASB. Sustainability ... More >>
ASB Appoints New Business Banking Lead
Tuesday, 9 May 2023, 10:45 am | ASB
ASB has appointed the Chief Executive of Australian based Humm Group, Rebecca James, as its new Executive General Manager of Business Banking. Humm is a non-bank lender operating across Australia, New Zealand, the United Kingdom and Canada, specialising ... More >>
ASB Issues Media Agency RFP
Tuesday, 2 May 2023, 4:31 pm | ASB Bank
ASB is seeking expressions of interest from media agencies, with a Request for Proposal (RFP) process kicking off today as the bank looks to move from a multi-agency model to a single provider across all media services. ASB CMO Helen Fitzsimons says strong ... More >>
ASB Launches The True Rewards Koha Store, A New Way For Customers To Support Its Charity Partners
Monday, 1 May 2023, 10:20 am | ASB Bank
ASB has opened its True Rewards Koha Store, a digital store enabling customers to use their True Rewards dollars, earned by making purchases with ASB Visa Rewards credit cards, to purchase tangible items for the bank’s charity partners. ... More >>
ASB Research Finds One In Five New Zealanders Keep Financial Secrets In Relationships
Thursday, 6 April 2023, 11:54 am | ASB Bank
As rising costs put more financial strain on relationships, new ASB research has found many couples avoid crucial money conversations, with one in five Kiwi keeping financial secrets from their partner. The ASB/IPSOS survey of 1,000 New Zealanders ... More >>
ASB Housing Confidence Survey: Kiwi House Price Expectations Nearing GFC Lows
Friday, 3 March 2023, 12:44 pm | ASB
New Zealanders’ house price expectations fell again in the three months to January, closing in on lows last seen during the Global Financial Crisis, the latest ASB Housing Confidence survey shows. More >>
New Ways To Give To New Zealand Red Cross As ASB Activates True Rewards Spending Power For Cyclone Gabrielle Relief
Thursday, 23 February 2023, 12:12 pm | ASB Bank
ASB customers can show their support for cyclone hit regions without spending a cent, with ASB True Rewards dollars now able to be donated to the New Zealand Red Cross New Zealand Disaster Fund. In addition to ASB’s $2 million donation to New ... More >>