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ASB

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Joined April 2008
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Export 3 Oct 2023
ASB to boost food and fibre sector with new programme for high-potential exporters

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.

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Banks 10 May 2023
ASB appoints new Business Banking lead

ASB has appointed the Chief Executive of Australian based Humm Group, Rebecca James, as its new Executive General Manager of Business Banking.

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Media 3 May 2023
ASB Bank Seeks Single Media Agency Partner through RFP Process

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.

533 views

Finance 31 May 2022
Hundreds of millions in government KiwiSaver contributions still up for grabs

With a month remaining until the 30 June deadline for New Zealanders to be eligible for an annual government KiwiSaver contribution, ASB says potentially hundreds of thousands of people could miss out on receiving the full benefit.

751 views

Finance 14 Nov 2012
Investor confidence rebounds to highest level since 2010

Confidence returning for Kiwi investors as concerns over Europe abate Rental property regains top position as most attractive investment class NZ investors still cool on the stock market Investor confidence has climbed to its highest levels since the end of 2010 according to the latest ASB Investor Confidence Survey.

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Finance 3 Oct 2012
ASB cuts 2 year fixed home loan interest rate and adds a free Samsung Galaxy tablet

ASB has reduced its 2 year fixed home loan rate from 5.45% to 5.25% per annum, the lowest unrestricted rate on the market.

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Finance 27 Aug 2012
ASB cuts six and eighteen-month fixed home loan interest rates

ASB is now offering the same great fixed home loan interest rate of 5.45% per annum across all fixed terms of two years and under.

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Banks 15 Aug 2012
Focus on simplicity and innovation drives ASB's solid performance

A continued focus on providing simple and innovative solutions for customers has contributed to ASB recording a 21% increase in Statutory Net Profit after Taxation to $685m for the year ended 30 June 2012, up from $568m in the prior year.

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Technology 19 Jul 2012
ASB launches mobile Facebook payments

From today, ASB customers can make payments directly to their Facebook ‘friends’, in the latest enhancement to the popular ASB Mobile app.

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Banks 5 Jun 2012
ASB honoured by CANSTAR as New Zealand's best online bank

ASB has been honoured as New Zealand’s best online bank by independent researcher CANSTAR in its first ever review of the nation’s online banking market.

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Finance 28 May 2012
Next generation of ASB Mobile brings cashless society one step closer

Customer feedback drives enhancements as New Zealand's most popular banking app passes 100,000 downloads ASB is set to transform the way New Zealanders send and receive money with the launch today of a major upgrade to its popular mobile banking app.

594 views

Banks 18 May 2012
ASB announces further home loan interest rate cuts

ASB is cutting its 4 and 5 year fixed home loan rates by 40 basis points.

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Economy 16 Apr 2012
NZ on track as Europe muddles through

• Europe to continue with its “muddle through” approach to dealing with crisis.

505 views

Banks 15 Feb 2012
Resilient economy provides platform for ASB's strong performance

A resilient New Zealand economy has provided a platform for ASB to record a statutory net profit after tax of $372 million for the six months ended 31 December 2011, an increase of 31.4 percent on the same period last year.

567 views

Finance 14 Feb 2012
Investors shrug off Europe worries and dig in for the long haul

Investor confidence has shown ongoing resilience, declining only marginally amid the gloom of the Eurozone crisis and continued low interest rates, according to the latest quarterly ASB Investor Confidence Survey.

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Real Estate 13 Feb 2012
Housing optimism falls again, but price expectations move higher

• Housing confidence fell for the third successive quarter.

541 views

Banks 27 Jan 2012
ASB Cuts Fixed Home Loan Interest Rates

ASB is reducing some of its fixed home loan interest rates by up to 0.20%.

579 views

Finance 9 Nov 2011
Investors stay calm as confidence edges up

· Investor confidence climbed slightly over Q3, amid overseas market volatility.

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Banks 1 Nov 2011
ASB Cuts Fixed Home Loan Interest Rates

ASB is reducing its fixed home loan interest rates by up to 0.40%.

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Real Estate 19 Aug 2011
Rising house price expectations fail to boost housing optimism

Housing confidence eased slightly over the three months to the end of July, according to the latest ASB NZ Housing Confidence Survey.

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Finance 10 Aug 2011
ASB's full year result reflects steadying economy

Improved economic conditions have contributed to ASB recording a 27.6 percent increase in statutory net profit after tax to $568 million for the year ended 30 June 2011.

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Real Estate 8 Aug 2011
ASB Leads Reduction In Fixed Home Loan Interest Rates

ASB is responding swiftly to wholesale funding market movements, and reducing its home loan fixed interest rates.

701 views

Economy 22 Jul 2011
Economic forecast déjà vu all over again

· New Zealand recovery gathering momentum · The global economy generally in good shape · The growing influence of Asia and New Zealand’s rising Terms of Trade imply a structural shift in the NZ and US dollars.

503 views

Finance 28 Jun 2011
ASB extends its Christchurch rebuild package

CHRISTCHURCH — ASB has today announced further customer support initiatives under its Christchurch Rebuild package to include additional concessions for homeowners in the Government designated ‘Red Zone’.

531 views

Business 28 Jun 2011
ASB's Russell Jones wins 2011 CIO of the Year Award

AUCKLAND — ASB Chief Operating Officer Russell Jones was announced the winner of the 2011 CIO of the Year Award at last night's CIO Summit dinner and annual awards ceremony at the Sky City Convention Centre in Auckland.

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Building 23 Jun 2011
ASB supports Government announcement with further Christchurch assistance

CHRISTCHURCH — ASB welcomes Government announcement for Christchurch homeowners Further support available for customers in the red zone ASB Chief Executive Barbara Chapman says the Bank welcomes today’s announcement by Government, which outlines the next steps for homeowners in Canterbury.

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Real Estate 30 May 2011
Housing optimism rises as interest rate expectations fall

Housing Confidence increased in the April 2011 quarter House price expectations also on the rise Lower expectation of interest rate increases over the next 12 months Housing confidence rose slightly over the three months to April, according to the latest ASB NZ Housing Confidence Survey.

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Finance 27 May 2011
Major New Zealand banks' ratings lowered by Moody's

Today, Moody's Investor Services (Moody's) announced the outcome of their review of the ratings of all major New Zealand banks.

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Finance 20 May 2011
ASB Chairman Gary Judd QC To Retire

Independent Director Gavin Walker to Become Chairman The long-serving Chairman of ASB Bank, Gary Judd QC, has announced his intention to retire following the August 2 board meeting.

580 views

Economy 14 Apr 2011
NZ economy shaken but not deterred

The February earthquake in Christchurch has reshaped the economic outlook, delaying the recovery by three to six months, according to the latest ASB Quarterly Economic Forecast.

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Building 26 Mar 2011
ASB provides $250 million investment to kick-start Christchurch rebuild

CANTERBURY — In a media conference this morning with the Prime Minister, the Rt.

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Business 15 Mar 2011
ASB Recalls New Zealand Senior Executive To Head Its Operations

The ASB Bank Board has appointed New Zealander, Barbara Chapman, as ASB Bank Limited’s new Chief Executive and Managing Director.

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Finance 10 Mar 2011
ASB announces further interest rate reductions

ASB has today announced decreases to its variable lending and on call savings account interest rates.

199 views

Fundraiser 7 Mar 2011
Additional ways to donate to support Christchurch through ASB

CHRISTCHURCH — ASB has introduced a number of new ways to donate to support our people in Christchurch.

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Finance 2 Mar 2011
ASB announces interest rate reductions

ASB, yesterday, announced it will be dropping its home loan fixed interest rates by up to 0.5 of a percentage point.

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Finance 1 Mar 2011
Update on ASB's operations in Christchurch

CHRISTCHURCH — Three ASB branches are now open for business in Christchurch, along with 14 ATMs.

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Finance 25 Feb 2011
Update on ASB's operations in Christchurch

CHRISTCHURCH — ASB’s Hornby Mall branch will be open again on Friday 25 February for reduced hours between 10:00am and 4:00pm.

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Finance 23 Feb 2011
ASB Hornby Mall branch re-opening in Christchurch on Thursday

CHRISTCHURCH — ASB will be re-opening its Hornby Mall branch for reduced hours between 10:00am and 4:00pm tomorrow, Thursday 24 February.

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Earthquakes 23 Feb 2011
ASB update on banking services and ATMs in Christchurch

CHRISTCHURCH — The devastating event in Christchurch has caused extensive damage to some ASB infrastructure in the area.

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Earthquakes 23 Feb 2011
ASB support for the people of Christchurch

CHRISTCHURCH — Following the tragic events in Canterbury yesterday afternoon, ASB has been working to support our people, customers and the wider community affected by this disaster.

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Economy 2 Feb 2011
Economic scars set to fade over 2011

New Zealand’s slow economic recovery is likely to make more progress in 2011 than in 2010, according to the latest ASB Quarterly Economic Forecast.

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Fundraiser 9 Dec 2010
ASB and Greymouth Evening Star donate $100,000 for special Pike River Memorial

WEST COAST — ASB Bank and The Greymouth Evening Star Company Ltd are together establishing a new fund to receive donations for a permanent memorial to the Pike River miners and contractors.

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Business 6 Dec 2010
Slow recovery weighs on business value

Business owners are feeling the impact of the slow and uncertain recovery, with perceptions slumping across a number of key indicators, according to the latest ASB Succession Planning Monitor.

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Accommodation 2 Dec 2010
Housing confidence edges down despite interest rate optimism

Housing confidence has slipped, but only slightly, as house price expectations continued to fall over the last quarter, according to the latest ASB NZ Housing Confidence Survey.

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Banks 9 Nov 2010
Term deposits soar ahead of rental property in investor confidence stakes

ASB’s Investor Confidence Survey has shown a 4 percentage point decline to a net 15 percent over the September 2010 quarter.

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Banks 5 Oct 2010
ASB launches Save the Change

ASB has made the challenge of saving easier for its customers with the introduction of Save the Change, the modern day equivalent of putting loose coins in the money jar.

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Finance 1 Oct 2010
FirstChoice KiwiSaver Scheme fee changes announced

ASB Group Investments has announced that it is changing the fee structure for its five index-tracking funds under the FirstChoice KiwiSaver Scheme.

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Fundraiser 27 Sep 2010
ASB auctions Goldstein props for Starship Spring Clean

AUCKLAND CITY — ASB is throwing its support behind Starship’s Spring Clean.

Goldstein

848 views

Advertising 22 Sep 2010
ASB farewells Ira Goldstein

After 11 successful years and numerous awards, the final ASB Ira Goldstein advertisement will air on television this week.

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Finance 6 Sep 2010
CBA Group in New Zealand supports Canterbury with emergency relief assistance

CANTERBURY — ASB Bank, together with other CBA Group companies in New Zealand (Sovereign, CBA (NZ) Branch, BankDirect and Kiwi Income Properties), has responded to the residents and businesses across the Canterbury region by activating a range of emergency relief initiatives to help those impacted by Saturday’s earthquake.

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Fundraiser 5 Sep 2010
ASB opens Canterbury Earthquake Appeal account

CANTERBURY — In conjunction with the Red Cross, ASB has opened an account for victims of the Canterbury Earthquake.

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Finance 26 Aug 2010
ASB Offers Senior Customers Home Equity Release Loans

ASB is the first major New Zealand bank to offer senior customers home equity release loans.

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Banks 11 Aug 2010
ASB returns solid performance

ASB has maintained sound financial performance through the economic recession, reporting a solid net profit after tax of $428m for the year ended 30 June 2010 (2009: $431m) after taking into account the one-off additional tax charge of $209m and the perpetual dividend payments of $17m.

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Real Estate 9 Aug 2010
Housing confidence static while price expectations slide

· Housing confidence static but still relatively upbeat.

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Economy 22 Jul 2010
NZ economy grows while offshore risks linger

New Zealand’s recovery continues, though offshore risks have deepened.

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Business 24 Jun 2010
Business owners increasingly likely to sell in short term

More business owners planning to sell within two years.

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Banks 17 Jun 2010
ASB announces increases to variable home lending and savings account rates

ASB has today announced increases to both its variable home lending and most savings account rates.

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Finance 18 May 2010
Investor confidence dips as markets stabilise

Investor confidence has simmered down from record high levels reached earlier this year, according to the latest ASB Investor Confidence Report.

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Real Estate 6 May 2010
Housing confidence continues downward slide

Housing confidence has continued to wane over the three months to April, according to the latest ASB Housing Confidence Survey.

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Court 18 Mar 2010
Versalko Fraud

ASB takes any matters of fraud very seriously and is pleased that the SFO investigation has culminated in Stephen Versalko being sentenced to imprisonment after pleading guilty to his criminal activity.

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Finance 19 Sep 2009
Exporters Big Winners With New 4.75%P.A. Lending Rate Offer

Changes announced today to ASB’s Job Creation Loans will bring greater flexibility for businesses.

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Finance 5 Sep 2009
ASB Reduces Homeowners' Floating Mortgage Rate to 40 Year Low

ASB has reduced its floating home mortgage rate by 0.65 percent to a market leading rate of 5.75 percent, its lowest floating rate in more than 40 years.

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Crime 1 Sep 2009
ASB Identifies Serious Fraud

ASB has detected a serious case of fraud by an employee providing investment advice to customers involving several million dollars.

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Finance 12 Aug 2009
Strength for the long term as ASB shares the effects of the downturn

Statement made by Gary Judd QC, Chairman, ASB Bank Limited.

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Business 26 May 2009
Businesses stand firm:

ASBs Succession Planning Monitor for the first quarter of 2009 confirms that market sentiment continues to be cautious about selling.

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Employment 5 May 2009
Protecting jobs a priority at ASB

ASB remains 100% committed to doing whatever we can to retain as many jobs as possible for New Zealanders right here in New Zealand.

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Banks 29 Apr 2009
Uncertain Times Sees Bank Savings Rate As Top Investment

In the opening quarter of 2009, bank savings accounts, often seen as the most conservative investment class, came in tops for the first time in the ASB Investor Confidence survey, rising 5 points to a net 21% as investors opt for safety, security and accessibility in these uncertain times.

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Banks 17 Apr 2009
ASB freezes pay for staff & cuts executive pay to protect jobs

ASB today announced a range of initiatives intended to responsibly address the effects on its business of the global economic recession and protect jobs.

548 views

Banks 8 Apr 2009
Dedicated Financial Help Team to assist ASB customers

In the wake of government and media interest about banks’ responses to New Zealanders experiencing difficulties managing their debts, ASB today announced the establishment of a dedicated Financial Help Team.

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Finance 30 Mar 2009
ASB Announces Organisation Design and Leadership Changes

ASB’s new Chief Executive, Charles Pink, today announced three new roles designed to align ASB’s organisation structure and leadership with ASB’s vision of being world class for customers, colleagues and communities (“world class for the 3 C’s”) : · Chief Executive Customers, Markets and Products This new role will bring together customer, marketing and product management units.

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Banks 28 Mar 2009
Job Creation Loans Get to Work

Ten new loans totalling $3.8m and 41 jobs saved in our community.

445 views

Education 12 Mar 2009
ASB targeting increased financial literacy levels with School Banking

· 75% of 8 -12 year olds in the ASB SmartStart Survey either don’t have a bank account or rarely use it.

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Business 6 Mar 2009
Businesses delay selling plans in tight market

As the economic crisis continues to impact on New Zealand businesses, the latest data from the ASB Succession Planning Monitor confirms that, increasingly businesses do not think now is a good time to sell.

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Business 24 Feb 2009
Join ASB in Helping our Businesses to Create or Save Jobs

ASB has created a special $1 billion loan fund for New Zealand businesses to borrow at below market rates if they can demonstrate the loans will create employment, or prevent people losing their jobs.

297 views

Fire 15 Feb 2009
ASB pledges $100,000 to support victims of the Australian bushfires

On Monday this week, ASB opened a trust account to receive donations for the victims of the horrific bushfires in Victoria, Australia.

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Banks 11 Feb 2009
Solid operating result in challenging times

ASBs focus on providing excellent service to its customers has assisted the Bank to deliver a solid after tax operating profit of $238m for the six months ended 31 December 2008.

301 views

Finance 28 Jan 2009
ASB Investor Confidence Report

In the close to 2008, 18% of investors opted for the surety and safety of term deposits as providing the best return of all investment types.

199 views

Real Estate 8 Dec 2008
Queenstown Lakes District prime choice for affluent Kiwi's

Surprisingly, New Zealand’s most affluent place is not one of our major cities.

301 views

Finance 4 Dec 2008
ASB cuts variable rate

The Reserve Bank have today reduced the OCR by 1.5%.

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Business 3 Dec 2008
Businesses are hitting the brakes on plans to sell shows ASB

The current economic climate is impacting New Zealand businesses with 82% of close to 500 businesses surveyed in the first ASB Succession Planning Monitor delaying plans to sell their businesses.

116 views

Banks 22 Nov 2008
ASB drives through expansion in Palmerston North

PALMERSTON NORTH — ASB’s success continues to go from strength to strength with the Bank now opening its second Palmerston North branch on Broadway Ave, Terrace End on Monday 24 November.

864 views

Real Estate 6 Nov 2008
Southland grabs top spot as NZs most affordable place to live

SOUTHLAND — Southlandromped home as the most affordable place to live in the country according to the latest TopSpots report released today.

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Economy 30 Oct 2008
Markets jittery but showing early signs of defrosting

The roller coaster ride felt in global markets has tested world economies, businesses, households and their practices.

232 views

Finance 28 Oct 2008
Investors turn to term deposits for security and return

For the first time in the eight year life of the ASB Investor Confidence survey, term deposits are now viewed by investors as providing a better return than any other investment class.

265 views

Banks 13 Oct 2008
ASB opts into deposit gaurantee scheme

ASB Bank Limited advises its intention to immediately opt into the New Zealand Deposit Guarantee Scheme announced by the Minister of Finance last night.

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Real Estate 10 Oct 2008
ASB TopSpot report reveals NZ's health utopia

If you want advice on how to live long and without stress, then ask Rodney residents.

525 views

Finance 15 Sep 2008
ASB a market leader with KiwiSaver members

More than 150,000 people, around 20% of the KiwiSaver customer base, are saving for their retirement through either the ASB KiwiSaver or the FirstChoice KiwiSaver scheme.

389 views

Finance 15 Sep 2008
ASB a market leader with KiwiSaver members

More than 150,000 people, around 20% of the KiwiSaver customer base, are saving for their retirement through either the ASB KiwiSaver or the FirstChoice KiwiSaver scheme.

478 views

Finance 11 Sep 2008
ASB provides further relief to homeowners

Thursday, 11 September 2008ASB has dropped its floating home lending interest rate by 0.50%, the same cut made by the Governor of the Reserve Bank to the OCR.

195 views

Business 8 Sep 2008
ASB names international banker to succeed New Zealand's longest serving senior banker

ASB has appointed 46-year old British international banker, Charles Pink, to be the new Managing Director of ASB Group and Chief Executive of ASB Bank from 1 January 2009, replacing the country's longest serving senior banker, Hugh Burrett.

1,614 views

Real Estate 20 Aug 2008
Glimmer of hope shines on housing market

Price expectations in the New Zealand housing market have continued their downward slide, according to the latest ASB Housing Confidence Survey.

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Finance 13 Aug 2008
Economys Underlying Resilience and Depth Assists ASB to Post Solid Result

The underlying strength of the corporate, business and rural markets cushioned ASB Bank against the rapid decline in residential housing activity during recent months and assisted the Bank to deliver an 11 percent increase in audited after tax operating profit for the 12 months ending 30 June 2008 of $532 million*.

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Economy 31 Jul 2008
High petrol prices hit home but light on the horizon

New Zealanders feel the pinch as financial pressures continue to mount.

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Finance 25 Jul 2008
ASB lightens the load for New Zealand families

In the wake of the Reserve Bank of New Zealand’s decision to lower the Official Cash Rate to 8%, ASB has announced they would drop its two year fixed home lending rate by 0.25% to 8.95%.

284 views

Business 17 Jul 2008
Rental property comes back to earth

The glory run that has seen confidence in the residential rental market soar over recent years has come to an end, according to the latest ASB Investor Confidence Survey.

441 views