ASB Bank - Latest News [Page 9]
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 >>
ASB Evolves To Best Support Its Customers
Wednesday, 1 July 2020, 11:25 am | ASB Bank
ASB is recruiting for more than 150 roles to provide specialist guidance and advice to its customers. ASB’s executive general manager Retail Banking Craig Sims explains the positions are for people who will work across its phone, online and branch network ... More >>
ASB Launches Online Resource To Help Struggling SMEs
Monday, 29 June 2020, 9:51 am | ASB Bank
Research by ASB among small and medium-sized businesses reveals SMEs are struggling to find the information they need most to help their business manage the economic impacts of COVID-19. To meet this need, ASB has launched a new online resource – ... More >>
ASB Welcomes Alert Level 1
Monday, 8 June 2020, 4:14 pm | ASB Bank
ASB welcomes the Government’s decision to move Kiwis to a more expansive alert level 1 from midnight tonight. ASB Chief Executive Vittoria Shortt says alert level 1 is another much needed step towards repairing the New Zealand economy. “New Zealand ... More >>
Investor Confidence Falls To Four-year Low
Monday, 8 June 2020, 9:31 am | ASB Bank
As the world grapples with the fallout from the most significant pandemic the world has seen in a century, economic concerns are weighing on investors, dragging investor confidence down to a four-year low in the first quarter of the year. For the three ... More >>
ASB Launches Compassionate Care, A Free Home Loan Benefit To Support Customers
Tuesday, 2 June 2020, 9:37 am | ASB Bank
ASB has launched Compassionate Care, a free home loan benefit designed to provide support for customers when they need it most. The benefit will cover a customer’s home loan interest costs for around 12 months if one of the borrowers on the home ... More >>
Fast And Furious: ASB Quarterly Economic Forecast - May 2020
Friday, 29 May 2020, 7:37 am | ASB
NZ abruptly went into a stringent lockdown to combat health risks, prompting a huge and rapid economic response from the Government. NZ comes out of stringent restrictions able to entertain the possibility of moving to ‘normal’ distancing. But the hard ... More >>
Housing Confidence Whipsawed By COVID-19
Wednesday, 27 May 2020, 6:37 am | ASB
Confidence in rising house prices whipsawed by COVID-19 Perceptions of whether it’s a good time to buy also decline as households batten down the hatches Interest rate expectations flick back to lower for longer Expectations of a continued housing upswing ... More >>