ASB

[Updated]
21st Aug 19, 7:57am
Tougher APRA 'contagion risk' rules may reduce flow of bank dividends from Kiwi subsidiaries to Aussie parent banks with ANZ seeing 'limited capacity to inject capital into ANZ NZ'
[Updated]
Tougher APRA 'contagion risk' rules may reduce flow of bank dividends from Kiwi subsidiaries to Aussie parent banks with ANZ seeing 'limited capacity to inject capital into ANZ NZ'
21st Aug 19, 7:57am
[Updated]
19th Aug 19, 12:05pm
We detail and compare what the various buy now, pay later service providers are offering New Zealand consumers in a growing market
[Updated]
We detail and compare what the various buy now, pay later service providers are offering New Zealand consumers in a growing market
19th Aug 19, 12:05pm
15th Aug 19, 10:59am
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
15th Aug 19, 10:59am
[Updated]
15th Aug 19, 9:14am
ASB cuts all its fixed mortgage rates again, taking market leading positions for many terms, after raising some very cheap funding. It cuts term deposit rates too
[Updated]
ASB cuts all its fixed mortgage rates again, taking market leading positions for many terms, after raising some very cheap funding. It cuts term deposit rates too
15th Aug 19, 9:14am
14th Aug 19, 1:05pm
Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy
Lobbyist and think tank the NZ Initiative is concerned the Reserve Bank's role could 'morph' once it starts using unconventional monetary policies and it might feel required to align itself with the Government's fiscal policy
14th Aug 19, 1:05pm
14th Aug 19, 9:32am
ASB borrows NZ$600 million through five-year bond issue that will pay investors interest of just 1.83% a year
ASB borrows NZ$600 million through five-year bond issue that will pay investors interest of just 1.83% a year
14th Aug 19, 9:32am
13th Aug 19, 11:51am
ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics
ASB has opened a bond offer, notionally seeking $100 mln, but with 'unlimited' oversubscriptions; Westpac NZ recently took a stunning $900 mln through the same tactics
13th Aug 19, 11:51am
[Updated]
13th Aug 19, 10:42am
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
[Updated]
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
13th Aug 19, 10:42am
11th Aug 19, 9:52am
Following revelations about ex-ANZ New Zealand CEO David Hisco's opulent lifestyle, ASB CEO Vittoria Shortt gets a first hand taste of public perceptions towards bank bosses
Following revelations about ex-ANZ New Zealand CEO David Hisco's opulent lifestyle, ASB CEO Vittoria Shortt gets a first hand taste of public perceptions towards bank bosses
11th Aug 19, 9:52am
9th Aug 19, 9:32am
ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost
ASB CEO Vittoria Shortt pledges her bank will accept whatever regulatory capital requirements the RBNZ decides to implement, but argues ASB's alternative capital proposals represent a better balance between stability and cost
9th Aug 19, 9:32am
8th Aug 19, 12:15pm
In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
In its latest Monetary Policy Statement the Reserve Bank has expressed surprise that house price inflation has not picked up as it expected and it now forecasts very modest growth over the next few years
8th Aug 19, 12:15pm
8th Aug 19, 9:42am
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
8th Aug 19, 9:42am
7th Aug 19, 4:26pm
Latest cuts to interest rates may only reduce mortgage payments by a dollar or two a week
Latest cuts to interest rates may only reduce mortgage payments by a dollar or two a week
7th Aug 19, 4:26pm
[Updated]
7th Aug 19, 2:19pm
ASB is first out of the blocks with a rate cut for floating home loans. A small fixed rate change as well. This is where we summarise the rate cuts from all banks
[Updated]
ASB is first out of the blocks with a rate cut for floating home loans. A small fixed rate change as well. This is where we summarise the rate cuts from all banks
7th Aug 19, 2:19pm
[Updated]
7th Aug 19, 2:08pm
'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
[Updated]
'A stunning decision' - RBNZ delivers huge surprise with a 50-basis-point cut to the Official Cash Rate; banks quickly react with mortgage cuts; dollar drops
7th Aug 19, 2:08pm
[Updated]
7th Aug 19, 10:15am
ASB annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
[Updated]
ASB annual profit increases to $1.274 billion with return on equity at 15.2% as cost-to-income ratio is cut to 35.6%. Parent Commonwealth Bank of Australia buys into buy now pay later firm
7th Aug 19, 10:15am
[Updated]
6th Aug 19, 10:54am
Unemployment rate much lower than expected by the Reserve Bank and economists in June quarter; Falls to 11-year low of 3.9%; Wages increase 0.7% off back of minimum wage hikes; Outlook remains gloomy
[Updated]
Unemployment rate much lower than expected by the Reserve Bank and economists in June quarter; Falls to 11-year low of 3.9%; Wages increase 0.7% off back of minimum wage hikes; Outlook remains gloomy
6th Aug 19, 10:54am
5th Aug 19, 9:57am
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
5th Aug 19, 9:57am
4th Aug 19, 6:31am
Pressure on the Government to do its bit to stimulate the economy likely to increase, with the Reserve Bank expected to cut interest rates even lower
Pressure on the Government to do its bit to stimulate the economy likely to increase, with the Reserve Bank expected to cut interest rates even lower
4th Aug 19, 6:31am
[Updated]
2nd Aug 19, 9:50am
RBNZ analysis shows big 4 NZ banks' average return on equity second among banks from comparable countries, and if Kiwibank could match their operating expense efficiency its return on equity would be comparable
[Updated]
RBNZ analysis shows big 4 NZ banks' average return on equity second among banks from comparable countries, and if Kiwibank could match their operating expense efficiency its return on equity would be comparable
2nd Aug 19, 9:50am

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