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ASB cuts six & eighteen-month fixed home loan interest rates
Media alert – ASB cuts six and eighteen-month
fixed home loan interest rates
27 August 2012
ASB is now offering the same great fixed home loan interest rate of 5.45% per annum across all fixed terms of two years and under.
“We have dropped both our six-month term and eighteen-month terms so we can offer this lower fixed home loan interest rate across all terms two years and under, which lets our customers choose which term suits them best without having to also decide between rates,” says Shaun Drylie, General Manager Retail Products and Strategy.
ASB fixed rate home loan interest rate change, effective 27 August 2012.
| Term | Previous Interest rate | New Interest Rate | Change |
| 6 Month | 5.59% | 5.45% | - 0.14% |
| 12 Month | 5.45% | 5.45% | No change |
| 18 Month | 5.55% | 5.45% | - 0.10% |
| 2 year | 5.45% | 5.45% | No change |
ENDS
ASB Bank
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In 1847, ASB opened as the Auckland Savings Bank with the pledge: 'to serve the community; to grow and to help Kiwis grow'. And that is very much what ASB is about today.
ASB is a leading provider of integrated financial services in New Zealand including retail, business and rural banking, funds management and insurance.
ASB strives to consistently provide its customers with outstanding service and innovative financial solutions. They're dedicated to providing simple financial products that allow their customers to bank with them how and when they want.
We all have our own ways to measure progress, and our own stories about the things that matter to us. Whatever way you choose to measure progress, and whatever your goals, ASB is there to help you get one step ahead.
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