Fitch upgrades outlook for ASB Bank Limited

11/09/2026 08:40 NZST, CREDITP

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-’”.

ENDS

Released by:

Steve Lucas, General Manager, Treasury

ASB Bank Limited

funding@asb.co.nz