Latest fromASB Bank Limited

Start buying houses, says Kiwibank boss
New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.

John Key lauds revamped Eden Park
Thousands of Aucklanders flocked to the official opening of the refurbished Eden Park stadium today.

Extended retail deposit guarantee gets little traction
Only seven companies - including the three "Heartland Bank" merger partners - have signed up for the Crown's extended retail deposit guarantee scheme.

ASB farewells Goldstein as 11-year ad campaign ends
ASB Bank has confirmed that the face of its long running advertising campaign, New York banker Ira Goldstein, will be no more.

NZ Post tops new corporate reputation scale
NZ Post has come out top of a new Corporate Reputation Index, while Telecom has come bottom of the list.

GDP tipped to grow less than Bollard's forecast
Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.

<i>Inside Money:</i>A tale of two (or more) fees
ASB did a beautiful job this week of announcing fee increases for its KiwiSaver funds.

Earthquake means no OCR hike till 2011, says economist
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.

Help support Christchurch earthquake victims
APN News & Media, publisher of nzherald.co.nz, is today launching a nation-wide appeal for Christchurch earthquake victims.

Manhunt after Armourguard hold-up
Armed robbers are believed to have got away with thousands of dollars after holding up an Armourguard security van outside an ASB bank in west Auckland this afternoon.

Soccer: NZ Football sign ASB deal
New Zealand Football announced a multi-million dollar five-year partnership with ASB today.

ASB to offer controversial reverse mortgages
ASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.

ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.

Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.