Bank

A bank is a financial institution that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.

Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.

ASB

ASB or asb may refer to:

Education

New Zealand

New Zealand (/njuːˈziːlənd/ new-ZEE-lənd, Māori: Aotearoa [aɔˈtɛaɾɔa]) is an island country in the southwestern Pacific Ocean. The country geographically comprises two main landmasses – that of the North Island, or Te Ika-a-Māui, and the South Island, or Te Waipounamu – and numerous smaller islands. New Zealand is situated some 1,500 kilometres (900 mi) east of Australia across the Tasman Sea and roughly 1,000 kilometres (600 mi) south of the Pacific island areas of New Caledonia, Fiji, and Tonga. Because of its remoteness, it was one of the last lands to be settled by humans. During its long isolation, New Zealand developed a distinctive biodiversity of animal, fungal and plant life. The country's varied topography and its sharp mountain peaks, such as the Southern Alps, owe much to the tectonic uplift of land and volcanic eruptions. New Zealand's capital city is Wellington, while its most populous city is Auckland.

Somewhere between 1250 and 1300 CE, Polynesians settled in the islands that were to become New Zealand, and developed a distinctive Māori culture. In 1642, Abel Tasman, a Dutch explorer, became the first European to sight New Zealand. In 1840, representatives of the British Crown and Māori Chiefs signed the Treaty of Waitangi, making New Zealand a British colony. Today, the majority of New Zealand's population of 4.5 million is of European descent; the indigenous Māori are the largest minority, followed by Asians and Pacific Islanders. Reflecting this, New Zealand's culture is mainly derived from Māori and early British settlers, with recent broadening arising from increased immigration. The official languages are English, Māori and New Zealand Sign Language, with English predominant.

New Zealand national rugby union team

The New Zealand national men's rugby union team, officially nicknamed the All Blacks, represents New Zealand in men's rugby union, which is regarded as the country's national sport. The All Blacks are three time winners, and current holders of the Rugby World Cup, having won the inaugural competition in 1987, then won consecutive titles in 2011 and 2015, and are the 2015 World Rugby Team of the Year. They have won over 76% of their test matches and are the leading test match points scorers of all time. Their win ratio puts them amongst the most successful teams of any sport in history. They are the only international side with a winning record against every country they have played, and since their international debut in 1903 only five nations have defeated New Zealand in test matches. Since the introduction of the World Rugby Rankings in October 2003, New Zealand has held the number one ranking longer than all other teams combined. The All Blacks are also the first team to set their hands on the Webb Ellis Cup, the first team to win back to back Rugby World Cups, and the first team to win the cup on three separate occasions.