Roman Travers: The only way we can make a difference is you and me choosing where we bank

Early Edition with Ryan Bridge · Aug 9, 2023 · 2m

Yesterday's news that another of our major banks has made another record profit, just about had me falling off my financially unstable rocking horse.

ASB have reported another record annual profit in the same week that the TSB have said they'll be closing seven of their 25 branches, even though they are rated highly in customer service and satisfaction surveys.

The ASB is our third biggest bank, and they've just reported this record profit, after all costs, of an eye watering $1.56 billion which is an increase of 6% on last year.

In a way that's supposed to induce some form of pity for them…