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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 8]
ASB Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022
Monday, 22 February 2021, 9:22 am | ASB Bank
Predictions of interest rate rises have been brought forward 12 months in ASB’s latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August ... More >>
ASB Half Year Result - Supporting A Strong And Sustainable New Zealand
Wednesday, 10 February 2021, 11:40 am | ASB Bank
ASB today reported a cash net profit after taxation (NPAT) [1] of $614 million for the six months ended 31 December 2020, a decrease of 1% on the prior comparative period. The result reflects the continued resilience of the New Zealand economy in ... More >>
Investor Confidence Back In Positive Territory
Tuesday, 9 February 2021, 4:22 pm | ASB
CHART A Investor confidence continues to recover, sitting at nett 2% for Q4 2020, but has a way to go to return to pre-pandemic levels. Aucklanders remain less optimistic than elsewhere, with confidence at nett -7% compared with +7% for the rest of New ... More >>
Small Change Adds Up To Nearly $4m A Month For ASB Customers
Tuesday, 9 February 2021, 3:16 pm | ASB Bank
ASB customers using the bank’s Save the Change tool are collectively saving nearly $4 million a month by simply rounding up their ASB EFTPOS or Visa Debit card purchases to the nearest $1, $2, $5 or $10. ASB is celebrating 10 years of Save the Change ... More >>
ASB Further Adjusts LVR Restriction In Support Of First Home Buyers
Friday, 5 February 2021, 4:41 pm | ASB
ASB is immediately increasing the minimum deposit required from investors in a move to further address the rapid growth in home lending volumes. ASB’s Chief Executive Officer Vittoria Shortt says, “We’re concerned the continued high levels of investor ... More >>
ASB Welcomes Climate Change Commission Report And Announces Plans To Help Customers Lower Emissions
Tuesday, 2 February 2021, 9:25 am | ASB Bank
ASB welcomes the release of the Climate Change Commission’s first draft advice to government which calls for ‘transformational and lasting’ change across society and the economy. Chief Executive Officer Vittoria Shortt says, “Banks have an important ... More >>
A Million Reasons To Use ASB’s Card Control This Summer
Tuesday, 22 December 2020, 10:35 am | ASB Bank
ASB is reminding customers who lose or temporarily misplace their Visa card this summer to use the bank’s mobile app to place an instant block on its use. In the 12 months to the end of November more than 100,000 ASB Visa cards were reported lost ... More >>
Northland And New Zealand’s Rural Sector Steal The Show In The Latest ASB Regional Economic Scoreboard
Friday, 18 December 2020, 8:59 am | ASB
Northland climbs seven spots to take top place Rural New Zealand dominates this quarter with Bay of Plenty and Waikato rounding out the top three The North Island is still the place to be as the South Island trails Taranaki dropped eight spots, ... More >>
ASB Welcomes Business Finance Guarantee Scheme Extension With An Interest Rate Cut
Wednesday, 16 December 2020, 4:30 pm | ASB Bank
ASB has cut its Business Finance Guarantee Scheme (BFGS) interest rates to help ensure more businesses benefit following the scheme’s latest extension, announced by the Government today. The revised Government scheme includes more flexibility ... More >>
ASB Decreases Merchant Services Fees To Further Support Kiwi Businesses
Thursday, 10 December 2020, 12:07 pm | ASB Bank
ASB welcomes the Government’s announcement today that it will consult on merchant services fees and has immediately moved to implement a substantial rebate for small and medium sized ASB business customers until the outcome of the consultation. The ... More >>
Out Of The Frying Pan, Into The Mire According To ASB KiwiSaver Research
Thursday, 10 December 2020, 6:04 am | ASB
Sharemarket volatility has tested the nerve of ASB KiwiSaver customers this year, with six percent switching to lower risk cash and conservative funds in March as Covid-19 saw sharemarkets plunge. Commenting on ASB’s KiwiSaver data, Senior Economist ... More >>
NZ Economy Holding Up Well Amongst The Developed World, Forecast To Finish The Year Down 3% On 2019
Wednesday, 2 December 2020, 8:16 am | ASB
As the Northern hemisphere heads into winter and continued lockdowns, the sun is shining on New Zealand, with the latest ASB Quarterly Economic Forecast predicting just a three percent annual decline by year end – a significantly better outlook ... More >>
ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing
Monday, 30 November 2020, 8:52 am | ASB
House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More >>
ASB Adjusts LVR Restrictions In Support Of First Home Buyers
Thursday, 12 November 2020, 5:03 pm | ASB Bank
ASB is moving immediately to increase the minimum deposit required from investors in the wake of the Reserve Bank of New Zealand’s announcement yesterday that it is considering the reintroduction of loan-to-value restrictions (LVR) in March 2021. ... More >>
$200k Up For Grabs For Kiwi Businesses Innovating In The Face Of COVID
Tuesday, 10 November 2020, 9:23 am | ASB Bank
ASB is calling on entrepreneurs across the country to apply for one of four $50,000 grants to help them bring an innovative business idea to life. The $200,000 grant pool is part of the ASB Backing Business series on TVNZ, which celebrates Kiwi businesses ... More >>
ASB’s Award Winning School Financial Literacy Programme Celebrates 10th Birthday With Digital Relaunch
Thursday, 5 November 2020, 12:22 pm | ASB Bank
ASB is celebrating ten years of the popular GetWise school programme inspiring Kiwi kids to be confident with money, by taking it to the next level with the launch of a new digital version and expanding its reach. Since 2010, more than ... More >>
Sharemarket Bounce And Buoyant Auckland Housing Market Reflected In ASB Investor Confidence Survey
Tuesday, 27 October 2020, 12:12 pm | ASB Bank
Confidence among New Zealand investors has recovered significantly in the past quarter thanks to a stabilising sharemarket and the better than expected housing market, according to ASB. More >>
ASB Lends Eden Park Naming Rights To Kaikoura Fish & Chip Business
Monday, 12 October 2020, 2:32 pm | ASB
ASB Bank today revealed a Kaikoura fish and chip business as the naming rights sponsor of Eden Park for this weekend’s Bledisloe Cup encounter. Last week ASB made history by securing weeklong naming rights to the iconic stadium and announced that it would ... More >>
ASB Makes History By Scoring Naming Rights To Eden Park
Tuesday, 6 October 2020, 10:17 am | ASB
In a world first, ASB Bank has secured weeklong naming rights to New Zealand’s national stadium for the upcoming Bledisloe Cup, and as part of its continued efforts to back New Zealand business, will gift the opportunity to a Kiwi business in need ... More >>
ASB Backing Business Hits Primetime On TVNZ 1
Friday, 2 October 2020, 4:58 pm | ASB Bank
Hard on the heels of the innovative Borrow the All Blacks campaign, ASB is continuing its support for Kiwi businesses with a new short-format TV series showcasing businesses that are successfully adapting to the challenges of COVID-19. The series called ASB ... More >>
