New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on ...

Fixed home loan rates are now two percentage points lower than they were at the peak of the market, but the longest terms ...

ASB chief executive Vittoria Shortt is welcoming the opportunity to again be quizzed by politicians worried about the lack of ...

Australian-owned ASB has reported a half-year profit increase, helped by a rise in operating income and lending volumes. The ...

ASB is the latest bank to cut home loan rates, reducing its one-year rate by five basis points to 5.49 percent. Its 18-month ...

The bank's profit dip last year proved to be temporary as borrowing demand increased, and it paid less for deposits.

It follows cuts to Kiwibank's advertised rates on Monday.

Between December 2023 and December 2024, ASB increased full-time staff numbers by 343, or 6%, to 6,272. This was attributed ...