Asb Bank Limited

ASB Bank Joins the AoG Banking Panel

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ASB Bank has joined the All-of-Government (AoG) banking panel, which provides banking services to government agencies in New Zealand.

ASB joins existing panel providers ANZ Bank New Zealand Limited (ANZ), Citibank N.A., New Zealand Branch (Citibank), and Westpac Banking Corporation (Westpac).

What is the AoG Banking Panel?

The AoG banking panel is a panel of approved banking providers that government agencies can use to obtain banking services.

The panel is managed by the Ministry of Business, Innovation and Employment (MBIE).

Why is ASB Joining the AoG Banking Panel?

ASB is joining the AoG banking panel to provide government agencies with access to a wider range of banking services and to offer them more competitive pricing.

ASB is also committed to supporting the New Zealand government and its agencies.

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What Banking Services Will ASB Offer to Government Agencies?

ASB will offer government agencies a range of banking services, including:

  • Transactional banking services, such as opening and maintaining bank accounts, making payments, and processing receipts
  • Foreign exchange services
  • Payment services
  • Card services

How Can Government Agencies Switch to ASB for Banking Services?

Government agencies that wish to switch to ASB for banking services can do so by contacting MBIE. MBIE will provide assistance with the transition process.

Benefits of ASB Joining the AoG Banking Panel

There are a number of benefits to ASB joining the AoG banking panel, including:

  • Increased competition in the banking sector, which can lead to lower prices for government agencies
  • Government agencies will have access to a wider range of banking services
  • ASB is committed to supporting the New Zealand government and its agencies

Conclusion

ASB joining the AoG banking panel is a positive development for government agencies and the New Zealand banking sector.

It will increase competition and give government agencies more options for banking services.

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