Commonwealth bank new zealand

Commonwealth Bank New Zealand is a subsidiary of the Commonwealth Bank of Australia, one of the largest banks in Australia. The bank operates in New Zealand under the brand name ASB Bank, which was acquired by Commonwealth Bank in 1988.

Here are some key facts about Commonwealth Bank New Zealand (ASB Bank):

  1. History: ASB Bank was founded in 1847 as the Auckland Savings Bank, making it one of the oldest banks in New Zealand. It was acquired by Commonwealth Bank in 1988.
  2. Brand: The bank operates under the ASB Bank brand, which is a well-known and respected brand in New Zealand.
  3. Services: ASB Bank offers a range of personal and business banking services, including transaction accounts, savings accounts, credit cards, personal loans, mortgages, and business loans.
  4. Branches: ASB Bank has over 170 branches and agencies across New Zealand, making it one of the largest banking networks in the country.
  5. ATMs: ASB Bank has a large network of ATMs across New Zealand, with over 1,000 machines available for customers to use.
  6. Online banking: ASB Bank offers online banking services, allowing customers to manage their accounts, pay bills, and transfer funds online.
  7. Mobile banking: ASB Bank has a mobile banking app that allows customers to access their accounts, pay bills, and transfer funds on the go.
  8. Customer base: ASB Bank has a large customer base in New Zealand, with over 1.5 million customers.
  9. Awards: ASB Bank has won numerous awards for its banking services, including the "Best Bank in New Zealand" award at the 2020 Euromoney Awards for Excellence.
  10. Community involvement: ASB Bank is involved in various community initiatives and sponsorships, including the ASB Community Trust, which provides funding to community organizations and charities.

Overall, Commonwealth Bank New Zealand (ASB Bank) is a well-established and reputable bank in New Zealand, offering a range of banking services to personal and business customers.