ASB Still Tops Mortgage Growth
Friday, 4 February 2005, 2:58 pm
Press Release: ASB Bank
ASB Still Tops Mortgage Growth
Statement made by Linley
Wood, Head of Corporate Affairs, ASB Bank
ASB Bank
retained its top market growth position in the home mortgage
market during December’s “mortgage war” by winning 30% of
home lending growth.
Our average growth was high for
the whole of 2004, with ASB achieving more growth in the
market than any of its competitors.
During December the
spotlight went on interest rates, but the results we
achieved demonstrate that home buyers factor in far more
than a two-year special interest rate when making decisions
about a mortgage.
Service, flexibility and the rate of
interest over the life of the loan are all important
factors, and ASB Bank’s reputation stood up to the fierce
competition that emerged during
December.
ENDS
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