 | |
| Company type | Subsidiary |
|---|---|
| Industry | Banking Financial services Investment services |
| Founded | 5 June 1847 (as Auckland Savings Bank) |
| Headquarters | , New Zealand |
Area served | New Zealand |
Key people | Vittoria Shortt, CEO[1] |
| Products | |
| Revenue |  NZ$1.607 billion (2011) [2] |
| Total assets | NZ$63.5 billion (2012)[3] |
Number of employees | 4907 (2018) |
| Parent | Commonwealth Bank of Australia |
| Subsidiaries | Sovereign Limited BankDirect |
| Website | www |
ASB Bank Limited, commonly stylised as ASB, is a bank owned by Commonwealth Bank of Australia, operating in New Zealand. It provides a range of financial services including retail, business and rural banking, funds management, as well as insurance through its Sovereign Limited subsidiary, and investment and securities services through its ASB Group Investments and ASB Securities divisions. ASB also operated BankDirect, a branchless banking service that provided service via phone, online, EFTPOS and ATMs only. [4]
- ^ "ASB announces Vittoria Shortt as new Chief Executive". ASB Bank. Retrieved 27 February 2018.
- ^ "ASB Annual Report 2011" (PDF). Asb.co.nz. Retrieved 27 July 2012.
- ^ "ASB Sustainability Report 2012" (PDF). Asb.co.nz. Retrieved 24 December 2012.
- ^ Pullar-Strecker, Tom (29 August 2017). "It's no longer time to BankDirect". Stuff. Retrieved 17 November 2024.
ASB Bank will close its internet and phone banking offshoot BankDirect and migrate its customers – who now number fewer than 10,000 – to ASB proper.