Latest fromASB Bank Limited

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.'

‘I make some money out of it’: Interview with a $2m money launderer
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".

‘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.

'It's not going to work, mate': Seymour wants bank capital rules reversed
The Associate Finance Minister has revived a years-long debate about banking regulation.