ASB Bank

ASB Bank Limited, established in 1847, is the first savings bank in the country. It became the first New Zealand bank to operate an online real-time computer system in 1969. Today, it is one of the largest providers of financial and insurance services with approximately 130 branches and 340 ATMs nationwide. It offers various retail and business banking products including personal and home loans, auto loans, business loans, debit and credit cards, deposits, online and mobile banking, private banking as well as investment and insurance products. The company serves more than 1.3 million personal, business, rural, and share trading customers and employs more than 5,500 people. The chief executive is Vittoria Shortt. ASB Bank is a wholly owned subsidiary of Commonwealth Bank of Australia. Commonwealth bought the 75% of ASB's shares in 1989. As of September 30, 2016, ASB had total assets of NZ$84.735 billion and customer deposits of NZ$54.569 billion. At June 30, 2026, its total assets stood at NZ$143.557 billion. For the fourth consecutive year, ASB named New Zealand Bank of the Year by The Banker.

ASB Group companies:
ASB Bank Limited – One of the leading commercial banks in New Zealand.
ASB Securities Limited – A full service share broking company.
ASB Group Investments Limited – A leader in the field of retirement savings and investments.
BankDirect, a division of ASB Bank, provided phone, Internet, EFTPOS and ATM services; ASB announced in August 2017 that it would close the BankDirect brand and transfer its remaining customers to ASB.
Sovereign Services Limited – Part of ASB's former Sovereign life and health insurance business, which Commonwealth Bank of Australia sold to AIA Group, the New Zealand part of the transaction completing on July 2, 2018. Sovereign Assurance Company Limited was renamed AIA New Zealand Limited on August 2, 2019, and AIA supplies life and health insurance to ASB customers under a 20-year partnership agreed with the sale.

Head office address:
Level 2, ASB North Wharf
12 Jellicoe Street, Auckland Central
Auckland 1010, New Zealand
Phone number: 0800 803 804
Overseas call: +64 9 306 3000
Website: www.asb.co.nz

Wellington offices:
54 - 56 Willis Street
Wellington
Phone: (04) 495-2050

174-180 Lambton Quay
Wellington
Phone: (04) 499-0864