ASB

Strong first-half result for ASB

Strong first-half result for ASB

The ASB financial result for the six months ended December reflected a strong performance across the bank with all divisions making a contribution, chief executive Barbara Chapman said.

Mobile banking seen as future

Mobile banking seen as future

ASB chief executive Barbara Chapman spent a day on a Dipton dairy farm last week learning how the multimillion-dollar business is run. Later, she spoke at a function in Dunedin and met ASB customers. She explained to business editor Dene Mackenzie why getting out of the Auckland headquarters is important.

ASB establishing regional office in Dunedin

ASB is establishing a regional office in Dunedin next year, taking over Radio Otago House, which will become known as ASB House in June.

New service helps farmers meet environmental costs

New service helps farmers meet environmental costs

The increasing need for farmers to meet compliance costs as they expand their operations has led the ASB Bank to launch a low-cost ''rural environmental compliance loan''.

ASB Bank cuts home lending fixed rates

ASB Bank cuts home lending fixed rates

ASB Bank defied predictions by yesterday cutting several of its home lending fixed rates. The expectation is the bank now thinks the Reserve Bank will hold off increasing the Official Cash Rate for longer than its own economists, and those economists of other retail banks, are predicting.

ASB customers get access to Facebook banking

Facebook banking has arrived in New Zealand with ASB allowing customers to make payments to their "friends" - regardless of whether they know their account number.

A good run for their money

A good run for their money

ASB Bank and St John workers ditched dress shoes for sneakers on Wednesday to run a full marathon in an effort to bring in some much-needed funds for St John.

Surveys reveal confidence slipping

Surveys reveal confidence slipping

Two influential business confidence surveys out yesterday did not provide cause for celebration, although investors seemed slightly more confident than they were at the end of June.

ASB hikes floating mortgage rate

ASB has become the first bank to hike its floating mortgage rate after the Reserve Bank of New Zealand raised the official cash rate by 25 basis points to 3 percent on July 29.

Wider deficit has encouraging signs

Wider deficit has encouraging signs

New Zealand's current account deficit was much wider than expected in the year ended December but economists remain positive about economic growth prospects.

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