Fitch upgrades outlook for ASB Bank Limited

Summary by AI BETAClose X

ASB Bank Limited has announced that Fitch Ratings has upgraded its outlook to Positive from Stable, affirming the bank's Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'AA-'. Fitch also affirmed ASB's Short-Term and Local-Currency IDRs at 'F1+', its Shareholder Support Rating at 'aa-', and its Viability Rating at 'a'.

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ASB Bank Limited
11 September 2026
 

ASB Bank Limited

Issuer Legal Entity Identifier (LEI): 549300IBZWZL1KTPF918

11 September 2026

 

Fitch upgrades outlook for ASB Bank Limited

 

ASB Bank Limited (ASB) announces Fitch Ratings (Fitch) has upgraded ASB's ratings outlook to Positive from Stable.

 

Fitch has revised the outlook on ASB's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Positive, from Stable, and has affirmed the ratings at 'AA-'. At the same time, Fitch has affirmed the Short-Term and Local-Currency IDRs at 'F1+', Shareholder Support Rating at 'aa-' and Viability Rating at 'a'.

 

For a list of all the ratings actions on ASB, refer to Fitch's press release published 10 September 2026 titled "Fitch Revises ASB Bank Limited's Outlook to Positive; Affirms IDRs at 'AA-'".

 

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For further information, please contact:

 

Stephen Lucas

General Manager Treasury, ASB Bank Limited

funding@asb.co.nz

 

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