Latest fromASB Bank Limited

Parity with Aussie dollar tipped
About 70 per cent of businesses surveyed by ASB Bank expect the New Zealand dollar to reach parity with the Aussie dollar over the coming year.

ASB warning after record profit
ASB boss Barbara Chapman expects the bank's strong growth to continue into 2014.

ASB hits record profit of $393m
ASB's cash profits rose 12 per cent in the six months to December 31 to $393 million - breaking another record for the bank.

ASB ditches pre-approved low-equity loans
ASB Bank has pulled the plug on existing pre-approvals for low-equity home loans from October 4 but rival banks say they will continue to honour their pre-approvals.

KiwiSaver funds: Oz dragging the chain
Most major KiwiSaver providers say they are ready to start accepting transtasman super transfers but their Aussie counterparts aren't playing ball.

Cheap loan clicks with punters
A mortgage interest rate below 2.48 per cent, determined by the number of "likes" the promotion gets on Facebook, is the latest bank bid to generate customers.

Stock Takes: Mad Butcher's listing details due soon
A prospectus for the Mad Butcher's back door listing is expected to be out next week...

ASB will fight fee claims, says owner
Commonwealth Bank of Australia boss Ian Narev says his bank and its New Zealand subsidiary ASB will vigorously defend accusations of unfair and illegal default fees levelled by a legal consortium.

British actor Blessed to front new ASB ads
British actor Brian Blessed has been picked as the new look of the ASB Bank.

Long-term mortgage rates war
Banks are slashing their long-term mortgage rates, with customers tied up for longer periods likely to save thousands.

Banks unite in silence on giving client details to police
Banks have united to keep mum on how often they give customer details to police without a warrant.

Banks offer sweet deals
Banks are going into battle for new customers with free tablet computers, contributions to house painting and cash handouts all up for grabs.