ASB increases mortgage market share for the first time in nine quarters
However, the bank has increased its charges against profit for bad loans in the corporate area. With special audio feature.
Jenny Ruth
Thu, 11 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ASB Bank grew its share of the mortgage market in the December quarter for the first time in nine quarters.
The Auckland-based bank, which is owned by the Commonwealth Bank of Australia, has been steadily losing market share since the September quarter of 2013.
ASB’s mortgage book grew by $1.08
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Subscribe Now
Monthly Premium Online Subscription
NZ$49.95 / monthly
Subscribe Now
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Subscribe Now
Yearly Premium Online Subscription
NZ$499.00 / yearly
Subscribe Now
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Subscribe Now
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Subscribe Now
Individual
Group membership
NBR Marketplace
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Jenny Ruth
Thu, 11 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.