Fitch upgrades outlook for ASB Bank Limited

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-'".

END

For further information, please contact:

Stephen Lucas

General Manager Treasury, ASB Bank Limited

funding@asb.co.nz

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