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Potential Preference Share Issue By ASB Capital
Potential Preference Share Issue By Asb Capital
Limited
Statement made by Peter Hall, Head of Institutional Banking, ASB Bank Limited
ASB Capital Limited, a member of the Commonwealth Bank Group, is currently investigating the opportunity to issue Preference Shares. The issue would be at least 150 million shares of NZ$1.00 each. The preference shares would be perpetual and non redeemable. Any funds raised would be used to support ASB Bank’s ongoing growth in personal, business and rural banking.
ASB Bank
Helping you get one step ahead.
In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
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