Latest fromASB Bank Limited

Architectural designer admits money laundering, seeks discharge and permanent suppression
The designer helped scammers steal $235,000 from two investors.

Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.

‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1m
The FMA took 47 days to issue a scam warning, during which a retiree lost $1m.

ASB: ‘If economic recoveries are cars – New Zealand is more Prius than Ferrari’
An ASB economist outlines the 'good, the bad and the ugly' of the recovery.

Watchdog launches probe after ANZ helped victim send $250k to scammers
ANZ refused liability saying there were no indications of fraud or 'red flags'.

‘Negligence to the eyeballs’: Westpac under fire in $2m laundering case
Carel Viljoen laundered nearly $2 million in an investment scam.

Home loan wars: Major bank cuts rates again
ASB is making changes to some of its longer-term fixed mortgage rates.

Diana Clement: Why young digital natives are more vulnerable to online scams
Gen Zs are often twice as likely to experience digital security incidents.

Fast-tracking granted for 4000-home Sunfield plans at Ardmore
'Construction prices are still to adjust to the current property cycle and remain high.'

Construction sector likely to pick up, but not immediately
The construction sector had a tough end to 2024, so when might things improve?

‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigation
Consumer NZ says the victim is powerless and something needs to change.

‘Not competitive’: Calls for banks to lower high interest margins
The Squirrel boss is calling the Aussie-owned banks 'an oligopoly'.

Mortgage wars: ASB, Westpac cut home loan rates
ASB and Westpac cut two-year rates to just below 5%.

More mortgage rates tumble after OCR cut
Another major bank has cut its fixed-term rates.

Nadine Higgins: How switching banks could benefit you
OPINION: The case for breaking banking loyalty and saving money.

Listen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scam
The victim says ANZ's failures directly contributed to her loss.

ASB warns long-term mortgage rate cuts unlikely amid market shifts
Bank's economists expect slight easing in fixed rates up to one year.

Politicians to grill bank bosses again; ASB CEO happy to ‘get the facts on the table’
ASB's half year profit rises by 2% to $763m.

ASB drops some mortgage rates
Big bank says competition on interest rates is fierce.

Trump trade wars: What impact tariffs will have on Kiwi businesses
New Zealand will feel the indirect impact of America's policy on world trade, experts say.

'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'
The victim is shocked to learn the bank was on notice about the suspect account.