Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ASB named New Zealand Bank of the Year

Media release
Thursday, November 30, 2017

ASB named New Zealand Bank of the Year

ASB has been named New Zealand Bank of the Year for the fifth consecutive year by Financial Times-owned magazine The Banker.

ASB received the award at the 18th annual International Bank of the Year awards held in London last night.

The awards recognise the best banks from around the world. Winners are chosen from entries that successfully demonstrate the positive impact each is making within its local market.

ASB Chief Executive Barbara Chapman says ASB is proud to be named New Zealand Bank of the Year for the fifth year in a row, especially as the market continues to go through rapid technological change.

“Like all banks globally, ASB is facing the combined challenges of a changing market. Over the past year, we have made a significant advance in digital performance, surpassing 50 per cent of all sales generated via digital channels, while maintaining our focus on delivering outstanding customer experiences,” Ms Chapman says.

ASB's Bank of the Year entry highlighted the launch of ASB’s innovative financial solutions that aim to empower customers to make informed choices about their finances. Digital experiences launched in the last 12 months include: ASB KiwiSaver Explorer, digital home loan fixed rate rollover and ASB Home Central.

At the same time, ASB continues to have a strong commitment to supporting financial literacy, with a particular focus on initiatives for children and youth. ASB’s financial literacy programme ASB GetWise has delivered workshops to more than 700,000 registered students across New Zealand.

The Banker celebrates its 91st anniversary this year, making it the longest-running international banking title.


© Scoop Media

Business Headlines | Sci-Tech Headlines


First Union On Mill Plans: Bitter Blow For Gisborne Workers

Up to 100 Gisborne jobs could go as JNL, the wood processing company, begins consulting on a proposal to nearly halve its workforce at its Gisborne mill. More>>


Employment:Slow Track For Most Contentious Labour Law

The government will announce a timetable for legislating a range of long-signalled labour law changes but is placing its intention to introduce new Fair Pay Agreement legislation on a slower track to allow consultation with both employers and trade unions. More>>


NZ's Space Programme: Rocket Lab's Successful Launch

Science Media Centre: Rocket Lab successfully launched its Electron rocket and deployed satellites into orbit Sunday afternoon, a milestone for the company and New Zealand's fledgling private space industry. More>>


BusinessDesk: Body massages and Uber are in, DVDs are out, says Stats NZ

Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players…More>>


StuffMe: Commerce Commission Welcomes Dismissal Of Merger Appeal

In a summary of their judgment released today, Justice Dobson and lay member Professor Martin Richardson dismissed the appellants’ process criticisms and found the Commission was entitled to place significant weight on the prospect of reduced quality of the products produced by the merged entity. More>>


Digital Futures: New Chief Technology Officer Role Created

Communications Minister Clare Curran has called for expressions of interest for the new role of Chief Technology Officer position to help drive a forward-looking digital agenda for New Zealand. More>>