ASB Bank - Latest News [Page 9]
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 >>
ASB Set To Begin Announcing The 100 Kiwi Businesses Selected To Borrow The All Blacks
Monday, 28 September 2020, 1:40 pm | ASB Bank
ASB has reviewed nearly 2,000 entries to select the 100 small to medium Kiwi businesses that will get a share of the bank’s New Zealand Rugby sponsorship through the ASB Borrow the All Blacks campaign. ASB has chosen to share its biggest sponsorship asset ... More >>
Mighty Manawatu Makes Its Mark In ASB’s Quarterly Regional Economic Scoreboard
Monday, 14 September 2020, 9:07 am | ASB Bank
The Manawatu and Wanganui region has weathered the COVID storm and come out on top this quarter, shooting up six places to be sitting at the top of the ASB Regional Economic Scoreboard. ASB chief economist Nick Tuffley says the region’s agri-based ... More >>
ASB Quarterly Economic Forecast Shows NZ Economy Doing Better Than Expected, But Challenges Remain
Monday, 7 September 2020, 6:13 am | ASB
August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More >>
Housing Confidence - Seeing Light At The End Of The Tunnel
Friday, 28 August 2020, 7:51 am | ASB
It’s been a wild ride for New Zealand’s housing market, with lockdown and the COVID-19 fallout impacting Kiwis’ views on the outlook, according to the latest ASB Housing Confidence Survey. For the three months to July, price expectations were ... More >>
ASB Says Business Finance Guarantee Scheme Extension Will Save Jobs And Businesses
Thursday, 20 August 2020, 3:42 pm | ASB Bank
ASB supports the Government’s decision to extend the Business Finance Guarantee Scheme (BFGS) to a broader group of customers, describing it as a timely lifeline for businesses. ASB has already approved more than $40 million of new lending under ... More >>
ASB Is Committed To Keeping Kiwis In Their Family Homes
Monday, 17 August 2020, 4:24 pm | ASB Bank
ASB welcomes the Government’s decision to extend the Mortgage Repayment Deferral Scheme until 31 March 2021. ASB’s executive general manager Retail Banking Craig Sims says today’s extension is in line with the bank’s ongoing commitment to ... More >>
ASB Puts Health And Safety First As Kiwis Stand Together Against COVID-19
Friday, 14 August 2020, 7:28 pm | ASB Bank
ASB is making sure Kiwis have access to essential banking services as New Zealand responds to the re-emergence of COVID-19. The bank’s executive general manager Retail Banking Craig Sims is encouraging customers to use ASB’s online or mobile ... More >>
Supporting New Zealand’s Recovery
Wednesday, 12 August 2020, 10:23 am | ASB Bank
“ASB has today announced a 20% decrease of its cash net profit on the prior year, which was expected due to the significant impacts of COVID-19 and the low interest rate environment,” says ASB’s CEO Vittoria Shortt as the Bank released its full ... More >>
ASB Moves To A Single Fixed Home Loan Rate Card To Support First Home Buyers
Thursday, 16 July 2020, 9:57 am | ASB Bank
ASB is moving from having two fixed home loan rate cards for home lending to just one, a move that will put thousands of dollars back into the pockets of first home buyers with less than 20% equity. The bank has previously offered two rate cards; ... More >>
ASB Appoints Ben Speedy As Rural General Manager
Wednesday, 15 July 2020, 11:57 am | ASB Bank
ASB is pleased to announce that Ben Speedy has been appointed to the bank’s leadership team in the role of general manager, Rural. Speedy joins ASB from his previous role as New Zealand Country Manager for Core Logic International. Speedy grew up on a ... More >>
ASB Partnering With KidsCan To Provide 5,000 Winter Jackets To Kids In Need
Monday, 13 July 2020, 11:27 am | ASB Bank
Every day in New Zealand, thousands of children go to school lacking one or more basic necessities including food, shoes or a warm jacket; and COVID-19 has only exacerbated the situation. ASB is helping to change this by partnering with KidsCan to provide ... More >>
ASB Regional Economic Scoreboard Q1 2020
Monday, 13 July 2020, 6:24 am | ASB
ASB NZ Regional Economic Scoreboard Gisborne still the place to be It has been Gisborne’s year, and the region comes out tops on our regional rankings for the fourth successive quarter. Like everywhere, question marks are about the COVID-19 impact on the future. ... More >>
ASB Donates New Zealand Rugby Sponsorship To Help Kickstart Small Business
Monday, 6 July 2020, 7:50 am | ASB
ASB is donating its largest sponsorship asset, the All Blacks, Black Ferns and Maori All Blacks, to promote small and medium-sized New Zealand businesses in an effort to spotlight SMEs and stimulate New Zealand’s economy. The bank will create 100 ... More >>