ASB Bank Ltd - Company Profile
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Business Description
ASB Bank Ltd (ASB) is a provider of retail and corporate banking products, wealth management services, and insurance solutions to individual, commercial, and rural clients in New Zealand. As of June 30, 2024, the bank had assets of NZD127,089 million, deposits of NZD92,449 million, and advances to customers of NZD109,010 million.
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Business Segments
Overview
Offers current accounts, business loans, expense management, cash management, and payments settlement services. Also offers investment products, share trading, property investments, and term investments. Serves corporate, commercial, rural, and small business customers.
Performance
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Overview
Caters to corporate customers and offers transactional banking services to non-retail customers. Also includes the bank’s financial activities such as trading and sales of financial instruments
Performance
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Overview
Includes the bank’s treasury function and other functions that offer support and services to the aforementioned segments. Includes elimination entries on consolidation of assets, liabilities and results of the group’s controlled entities.
Performance
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Overview
Offers investment, insurance, and banking services to personal customers.
Performance
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