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ASB

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New Zealand banks and Reserve Bank raise interest rates

5 clusters · 13 sources · last updated

Latest: New Zealand economy shows signs of recovery amid RBNZ rate hikes

In early July, banks in Ireland and New Zealand were reported to be raising both deposit and loan rates. The Bank of New Zealand (BNZ) subsequently introduced higher fixed-rate mortgage products, with the two-year rate m

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Banking sector financial performance reports

2 clusters · 4 sources · last updated

Latest: Commonwealth Bank of Australia reports record $10.98 billion profit

Financial reporting for the banking sector shows divergent results between Australian and New Zealand operations. ASB, a New Zealand subsidiary, reported a decline in net profit after tax, first noted as a $1,318 million