ASB could be hit with a $6.73 million penalty after admitting it breached money laundering and terrorism laws.

ASB has lifted some of its fixed home loan and term deposit rates and lowered its 6-month home loan rate to a market leading 4.65%, in response to longer term wholesale rate movements.

The Reserve Bank of New Zealand yesterday said it filed civil proceedings in the High Court against ASB Bank Limited for ...

ASB Real Estate Investments and Talonvest Capital have secured $116 million in financing on behalf of its Allegiance Real Estate Fund and its 10-building self storage portfolio. Invesco Real Estate ...

The Reserve Bank of New Zealand - Te Pūtea Matua has filed civil proceedings in the High Court against ASB Bank Limited for breaches of core ...

President & CEO Dave Hanson recently announced the promotion of Assistant Vice President and Commercial Loan Officer, ...

ASB is temporarily removing the discounts it offers some of its home loan customers. The bank isn’t offering discounts on any ...

The nationwide economic recovery, hiring of bankers, and recent addition of new lines of business will likely drive loan growth. ASB’s balance sheet is moderately asset-sensitive. As a result, the ...

The Reserve Bank of New Zealand - Te Pūtea Matua has filed civil proceedings in the High Court against ASB Bank Limited for breaches of core requirements under the Anti-Money Laundering and Countering ...

A multi-million dollar penalty has been agreed on.