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ASB's profit margins fall as bad debt charges rise

Like the other three major banks, ASB Bank's profitability is starting to come under pressure. With special feature audio.

Jenny Ruth
Fri, 13 May 2016

ASB Bank is suffering from a similar mix of falling profit margins and rising charges for bad debts as the other three major banks reported last week.

While the other three banks have September balance dates and recently reported their first-half results, ASB’s is June and it has just lodged its

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Jenny Ruth
Fri, 13 May 2016
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ASB's profit margins fall as bad debt charges rise
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