ASB acknowledges responsibility for shortcomings in anti-money laundering efforts and could be fined.
Reserve Bank Initiates Legal Action Against ASB Bank The Reserve Bank has initiated proceedings in the High Court against ASB Bank for serious infractions of anti-money laundering laws, with issues dating back to 2019. The bank, which is owned by Australian interests, has acknowledged its fault in seven distinct failures under the Anti-Money Laundering and […]
ASB cuts some home loan rates, shaving one down just below 5% – New Zealand Herald
“Today's downturn in fixed interest rates appeals to a wide range of kiwis. The sub-5 mortgage rate offers a strong medium-term option for those who increase certainty,” says Adam Boyd, executive general manager of ASB. Ta. ASB's two-year rate match match step was a rival step I took last week. Last week, ANZ led the […]