ASB Bank - Latest News [Page 4]
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 >>
ASB Pledges $400 Million In Low-cost Funding To Support Cyclone Impacted Rural And Corporate Sectors
Monday, 20 February 2023, 1:21 pm | ASB Bank
ASB has today announced new disaster relief for corporate, business and rural customers, committing $400 million in low-cost lending to support businesses heavily impacted by Cyclone Gabrielle. The lending will be offered for a maximum term of two years, ... More >>
ASB To Give $2 Million To Red Cross New Zealand Disaster Fund
Sunday, 19 February 2023, 2:17 pm | ASB
ASB has today announced a $2 million donation to the New Zealand Red Cross New Zealand Disaster Fund, further boosting its support for communities and customers devasted by Cyclone Gabrielle. ASB Chief Executive Officer Vittoria Shortt says ASB will support ... More >>
ASB Half Year Results: Supporting New Zealanders To Navigate Cost-of-living Impacts
Wednesday, 15 February 2023, 10:32 am | ASB Bank
ASB today reported a cash net profit after tax (NPAT) of $822 million for the six months to 31 December 2022, an increase of $80 million or 11% on the prior comparative period. The result was driven by 4% growth in total lending, with home and business ... More >>
ASB Extending Financial Relief And $2,000 One-off Payment To Customers Affected By Cyclone Gabrielle
Wednesday, 15 February 2023, 8:05 am | ASB
ASB is extending its support to customers hardest hit by the extreme weather causing damage across many regions of New Zealand. Following the Auckland Anniversary weekend flooding, ASB offered a one-off ex gratia payment of $2,000 per household for customers ... More >>
ASB Personal And Business Customers Hardest Hit By Recent Weather Offered $2,000 One-off Payment
Friday, 3 February 2023, 12:34 pm | ASB Bank
ASB is offering customers whose homes have been red or yellow stickered following the recent extreme weather events in the upper North Island a one-off $2,000 ex gratia payment per household to help with unforeseen costs. Following the states of emergency ... More >>
ASB Offers Relief To Customers Affected By Severe Weather
Saturday, 28 January 2023, 12:15 pm | ASB Bank
ASB will support customers affected by extreme weather events impacting Auckland with tailored packages including suspension of home loan repayments and emergency overdraft facilities available for personal, business and rural customers. ASB is ... More >>
ASB Scrapping Millions In Business And Personal Account Fees
Friday, 27 January 2023, 6:26 am | ASB
ASB will charge $0 monthly fees on everyday business and personal accounts, removing more than $14 million in account fees over the coming year, one of several initiatives to support customers as the cost of living continues to rise. Chief Executive Vittoria ... More >>
ASB Announces Market-leading Term Deposit Rates In Response To Strong Customer Appetite
Thursday, 26 January 2023, 6:10 am | ASB
In the spirit of new year goal-setting, ASB is encouraging customers to build healthy savings habits by announcing competitive new term deposit rates available from tomorrow. ASB’s one-to-five-month term deposits will be at least 0.40% - 0.50% above the ... More >>
ASB Offers Relief To Customers Impacted By Cyclone Hale
Thursday, 12 January 2023, 11:19 am | ASB Bank
ASB is supporting customers and businesses affected by the extreme weather that’s battered Coromandel Peninsula and the East Coast, offering tailored packages including suspension of home loan repayments and emergency overdraft facilities for personal, ... More >>
No Christmas Miracle For The New Zealand Economy: ASB Predicts 2023 Recession And Rising Unemployment In Latest Outlook
Tuesday, 20 December 2022, 5:14 am | ASB
New Zealanders urged to prepare for sustained period of economic slowdown. OCR expected to peak at 5.5% by mid-2023 as RBNZ grapples with stubborn inflation. Consumer spending to fall as household budgets squeezed further. International tourism rebuild starting, ... More >>
ASB Research Shows Kiwi Are Not Confident In Their Retirement Plans As It Unveils New Digital KiwiSaver Advice Tool
Thursday, 8 December 2022, 10:31 am | ASB Bank
64% of Kiwi believe they need to be saving more for retirement and only around a quarter (27%) have a clear idea how much money they’ll need when they retire, according to new research commissioned by ASB. Of the almost one thousand New Zealanders surveyed, ... More >>
ASB Adjusts Rates Following OCR Increase
Friday, 2 December 2022, 10:01 am | ASB Bank
ASB is adjusting interest rates following the Reserve Bank of New Zealand’s announcement that it is increasing the Official Cash Rate (OCR) by 0.75%. The maximum interest rate on ASB’s Savings Plus deposit account will increase from 2.80% to ... More >>
ASB Announces Youthline As The Official Charity Of The 2023 ASB Classic
Friday, 18 November 2022, 10:31 am | ASB Bank
ASB has announced youth mental health charity Youthline will be the official charity partner of the 2023 ASB Classic. As official charity partner, Youthline will receive all proceeds raised during the tennis tournament through fundraising efforts including ... More >>