ASB full-year profit up 39 per cent to $1.32 billion
ASB has released its full year result to June 30.
AdvertisementAdvertise with NZME.
Latest fromASB Bank Limited
RBNZ should consider double interest rate hike - ASB economist
Hiking more aggressively next week could head off inflation risk and cool housing.
New unemployment data may seal next interest rate move
Unemployment is expected to have fallen again in the June quarter.
Editorial: Is inflation here to stay, or just a temporary hitch?
The return of inflation and rising interest rates makes economics more relevant than ever.
Liam Dann: Oil price plunges, markets drop as Delta fears grow
After last week's rate hikes markets deliver a reminder that there's no sure bets.
ANZ, BNZ and Westpac follow ASB by lifting mortgage rates
All four of the major banks have now confirmed an increase in rates.
Liam Dann: Real recovery begins with early end to money printing
Markets braced for end of stimulus.
ASB blinks first, increases major mortgage rates
The era of record low interest rates looks set to come to an end.
Cost of living set to grow at fastest rate in 10 years
It feels like prices for everything have been rising. New data will reveal by how much.
Business confidence spikes, November OCR hike likely: ASB, BNZ
The latest Quarterly Survey of Business Opinion shows inflation pressure building.
$13b fund's bottom ranking: The KiwiSaver provider with the lowest satisfaction score
The bank recently missed out on being reappointed a default provider.
Bank closures in the provinces: Finance Minister pressed companies to extend 'hub' trial
Pressure from mayors sees Finance Minister press banks to extend bank hub trial.
Liam Dann: Did we just have a recession? Here comes the big reveal
New GDP data is due this morning. Liam Dann looks at what we should make of it.
ASB Bank warns of interest rate rises and slowing down of house prices
Slowing house prices and rises in interest rates likely in economic outlook, says ASB.
Trial date set for six facing kidnapping and shooting charges
Five men and a woman appeared at the High Court in Whangārei on Thursday.
Credit card debacle: Widows claim bad treatment by banks
Grief-stricken women were left in tears after their appointments with the bank.
Cut-price mortgages: Major bank offers record low rate for new builds
The variable rate will be available for three years from when the borrower draws down.
Liam Dann: We're through the worst of Covid economic shock
The economy survived what was supposed to be a very tough quarter with jobs growth intact
ASB to pay $8.1m to customers after lending failures
Some 73,000 affected customers will be compensated either $68 or $135.
Auckland house sales shatter firm's record for prices, properties sold
March strong for agency, economists forecast lower rises this year
Christopher Niesche: ASB parent targets Afterpay
OPINION: A measure of the threat that fintech poses to the major banks.
ASB CEO: 'We are not out of the woods yet'
ASB boss talks about how the bank responded to Covid-19 situation.
What the latest lockdown could cost NZ economy
Sacrifice being concentrated in a few key areas.
Bank offers 1.75 per cent deposit rate, but there's a catch
Savers have to lock their money in for a long time to get the higher rate.
Liam Dann: RBNZ pushes back on celebrating recovery too soon
The RBNZ is waging a battle with bullish markets over recovery expectations.
NZ bank profits fell 28 per cent in 2020, to $4 billion
Impaired asset expenses rose sharply across the banks.
Liam Dann: Ratings upgrade a big tick for NZ, but what will it mean?
While NZ's ratings upgrade is definitely good news, the immediate impact may be muted.
Liam Dann: What snap lockdown means for interest rates
This lockdown hasn't shifted economic forecasts but that doesn't mean it has no influence.
ASB backs down on lending clamp-down for new builds
The bank will now lend to investors wanting to do new builds who have low equity.
Major bank clamps down on new-build lending to investors
Banks are also taking a divergent approach on pre-approvals.
ASB half year profit down 1pc to $614 million
ASB has released its half year result.
Liam Dann: Why good jobs data could point to higher interest rates
Strong numbers tomorrow may raise more alarm bells than weak data, economists say.
Why banks aren't taking advantage of cheap money
Just $1.04 billion has been lent through the programme.