ASB welcomes MPs scrutiny as it reports profit increase

Vittoria Shortt (Image: NZME)

Wed, 12 Feb 2025

ASB chief executive Vittoria Shortt is welcoming the opportunity to again be quizzed by politicians worried about the lack of competition in the banking sector, saying it would be good to “get the facts on the table”.Parliament’s finance and expenditure select committee has said it will call the chief executives of ASB, ANZ, BNZ and Westpac back to reappear at a public meeting to answer follow-up questions as part of its banking sector competition inquiry.The decision follows Prime Minister Christopher Luxon and Finance Minist...

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