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ASB launches Pike River Support Fund
Media release
25 November,
2010
ASB launches Pike River Support Fund and Emergency Assistance Package
ASB Bank has responded to the Pike River Mine tragedy by opening a special account for public donations to assist those families who have been impacted. ASB will be making a substantial donation to this fund. Details are as follows:
“Our priority is to ensure that ASB’s response to this terrible tragedy takes into account the views of the people living and working in the local Greymouth community who are closest to the situation,” says Ian Park, ASB Acting CEO.
“We have also been talking to the local Greymouth community leaders during the week to determine how we can best provide ongoing relief and support.”
“With many people requiring prompt assistance with their financial concerns and enquiries, ASB, including our branches based in Greymouth, Hokitika and Westport, is ready to respond immediately to our customers’ needs. We also have dedicated resources manning ASB’s Financial Help Line (0800 272 735),” adds Mr Park.
ASB has announced a special customer assistance package which is available for customers in need. This includes:
• Up to $10,000 secured overdraft for home
loan customers and $2,000 for other personal customers at a
reduced variable interest rate that is 1.25 percent below
our variable housing rate (the current interest rate for
these loans is therefore 5 percent)
• Loan holidays on
request
• Provision of additional loans or changes to
repayment arrangements for home loan and business loan
customers experiencing financial difficulties as a result of
this disaster
• Review of credit card instalment
repayments, including immediate consideration of requests
for emergency limit increases
• Expediting claims to
ASB’s insurance partner, Sovereign
• Waiving term
deposit break fees for impacted customers wishing to access
their funds ahead of maturity
date.
ENDS
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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