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ASB Further Drops Rates
An update on ASB’s rates position below:
ASB further drops rates ahead of next week’s OCR
ASB has today lowered rates on several of its fixed home lending terms, including a market-leading rate of 6.25% for its 2-year term.
ASB’s 18-month rate drops by 20 basis points from 6.69% to 6.49%, while its 2-year rate drops 24 basis points from 6.49% to 6.25%. Longer-term rates are now all below 6%, with the 3-and-4-year terms dropping 36 and 30 basis points respectively, now at 5.99%.
ASB has also lowered its term deposits between 9 months and 60 months by up to 30 basis points.
ASB Bank
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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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