Leading financial institution ASB Bank has won the Tertiary Banking Award for the second year in a row and its fourth consecutive Canstar Junior Banking Award, adding to its collection of Canstar awards.
After comparing 20 savings accounts across seven different financial institutions, ASB was chosen by Canstar to receive the Junior Banking Award for its financial literacy programme, GetWise, that is available in more than 1,500 schools and delivers workshops tailored to the age and ability of each year group. The award also recognises ASB’s cashless money box, Clever Kash, which teach children the power of saving in a digital world.
“ASB’s valuable learning material for young Kiwis, both inside and outside the classroom, was highly recognised in Canstar’s research,” Canstar New Zealand general manager Jose George said.
Meanwhile, the Tertiary Awards recognises ASB’s strong product offering and unique benefits available to school leavers through its Tertiary student package.
“ASB provides a range of products that aim to help students stick to their budget and save money, and it’s this that sets the bank apart in the market,” George noted.
ASB general manager specialist lending and customer experience Grant Gilbert said recognition across both categories is validation for the work ASB has done in the youth financial space.
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“We know how important it is to help teach our youth about saving and good spending habits from a young age, and we’ve always been focused on how we can do this in a way that is fun and interactive, so it’s great to have this acknowledgement,” Gilbert added.
Earlier this year, ASB was named Canstar Bank of the Year for Home Loans and winner of the Canstar Innovation Excellence Award for its ASB ID mobile app.