Asb bank new zealand
ASB Bank is one of the largest banks in New Zealand, providing a range of financial services to personal and business customers. Here are some key facts about ASB Bank:
History: ASB Bank was founded in 1847 as the Bank of Australasia, and it merged with the Bank of New Zealand in 1982 to form ASB Bank.
Services: ASB Bank offers a wide range of financial services, including:
- Personal banking: savings accounts, transaction accounts, credit cards, personal loans, and mortgages
- Business banking: business loans, credit cards, transaction accounts, and cash management services
- Investment services: investment advice, superannuation, and KiwiSaver schemes
- Insurance: life insurance, income protection, and business insurance
Branches and ATMs: ASB Bank has over 170 branches and more than 600 ATMs across New Zealand.
Online and mobile banking: ASB Bank offers online banking and mobile banking services, allowing customers to manage their accounts, pay bills, and transfer funds online or through their mobile devices.
Awards and recognition: ASB Bank has received numerous awards and recognition for its services, including being named "Best Bank in New Zealand" by Euromoney magazine and "Bank of the Year" by The Banker magazine.
Community involvement: ASB Bank is involved in various community initiatives and sponsorships, including supporting local sports teams, charities, and cultural events.
Employee numbers: ASB Bank employs over 5,000 people across New Zealand.
Parent company: ASB Bank is a subsidiary of Commonwealth Bank of Australia (CBA), one of the largest banks in Australia.
Financial performance: ASB Bank is a significant player in the New Zealand banking market, with assets of over NZD 100 billion and a market share of around 20%.
Overall, ASB Bank is a well-established and reputable bank in New Zealand, offering a range of financial services to personal and business customers.