ASB Bank

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 provides service via phone, Internet, EFTPOS and ATMs only.

ASB Bank Limited
Company typeSubsidiary
IndustryBanking
Financial services
Investment services
Founded5 June 1847 (5 June 1847) (as Auckland Savings Bank)
Headquarters,
New Zealand
Area served
New Zealand
Key people
Vittoria Shortt, CEO
Products
Revenue NZ$1.607 billion (2011)
Total assets NZ$63.5 billion (2012)
Number of employees
4907 (2018)
ParentCommonwealth Bank of Australia
SubsidiariesSovereign Limited
BankDirect
Websitewww.asb.co.nz
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