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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.
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.
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.
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.
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.
From today, ASB customers can make payments directly to their Facebook ‘friends’, in the latest enhancement to the popular ASB Mobile app.
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.
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.
ASB is cutting its 4 and 5 year fixed home loan rates by 40 basis points.
• Europe to continue with its “muddle through” approach to dealing with crisis.
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.
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.
• Housing confidence fell for the third successive quarter.
ASB is reducing some of its fixed home loan interest rates by up to 0.20%.
· Investor confidence climbed slightly over Q3, amid overseas market volatility.
ASB is reducing its fixed home loan interest rates by up to 0.40%.
Housing confidence eased slightly over the three months to the end of July, according to the latest ASB NZ Housing Confidence Survey.
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.
ASB is responding swiftly to wholesale funding market movements, and reducing its home loan fixed interest rates.
· 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.
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’.
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.
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.
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.
Today, Moody's Investor Services (Moody's) announced the outcome of their review of the ratings of all major New Zealand banks.
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.
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