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The Latest Finance News from Bendigo Bank



Banking News, Finance News – Bendigo Bank Bank graduates start first day of work
6/02/2012
Bendigo and Adelaide Bank has launched its inaugural Graduate Development Program, with four university graduates starting their new roles at the Bank today.
The Bank’s Head of People and Performance, Mark Schultz, said the two year program aims to give the graduates experience in ... Find out more
Bendigo and Adelaide Bank agrees to acquire Bank of Cyprus Australia
16/12/2011  
Key points
  • BEN to acquire Bank of Cyprus Australia
  • Purchase price of approximately A$130m
  • Announces equity raising - including $120m ... Find out more
 
Bendigo and Adelaide Bank joins banking's 'A' team
7/12/2011  
Bendigo and Adelaide Bank (BEN) last night joined the ranks of Australia's A-rated banks following an upgrade announced by Standard & Poor's (S&P).
S&P's decision to raise the ... Find out more
 
Bendigo Wealth acquires AIM Financial Services
16/11/2011  
Bendigo Wealth, home of Bendigo and Adelaide Bank’s superannuation, managed funds, financial planning, cash management and margin lending businesses, today announced the purchase of AIM ... Find out more
 
Making banking easy pays dividends for shareholders
24/10/2011  
Shareholders attending Bendigo and Adelaide Bank's Annual General Meeting have heard a united effort to improve growth, funding and efficiency drove the Bank's strong performance in 2010/11.
... Find out more
 
Bendigo and Adelaide Bank AGM next Monday
17/10/2011  
Bendigo and Adelaide Bank will hold its 2011 Annual General Meeting 2pm AEDST next Monday 24 October.
The meeting will be conducted across two locations, Bendigo and Adelaide, ... Find out more
 
Launch of Bendigo SmartStart Super™
1/10/2011  
Bendigo Wealth has today announced the release of Bendigo SmartStart Super™.
Bendigo Wealth, the wealth management division of Bendigo and Adelaide Bank, is backed by the heritage and ... Find out more
 
Basic Black is Best of Best
20/08/2011  
Bendigo Bank's Basic Black Credit Card has been named as a winner in Your Money Magazine's Best of the Best Awards for 2011.
The credit card won silver in the category of Best Low- ... Find out more
 
Bendigo and Adelaide Bank announces $342.1m full-year profit
8/08/2011  
Highlights - 2010/2011 annual results

  • Net profit after tax $342.1m
  • Cash earnings of $336.2 million
  • Cash earnings per share of 92.3 ... Find out more
 
Rural Bank and Australia Post boost banking in rural and regional Australia
2/08/2011  
Banking in rural and regional Australia received a significant boost today, with Australia Post and Rural Bank proposing to join forces to distribute banking services via regional and rural post ... Find out more
 
Creating shared value - community banking in the 21st century
8/07/2011  
As central bankers rake over the coals of the world's biggest financial crisis in 80 years, Bendigo and Adelaide Bank Managing Director Mike Hirst discusses lessons to be learned about how banks ... Find out more
 
New Director Joins Bank Board
5/07/2011  
Bendigo and Adelaide Bank has announced the appointment of former Ericsson CEO, Jacqueline Hey, to its Board of Directors.
Ms Hey was previously CEO of Ericsson in the UK and in ... Find out more
 
S&P revises Bendigo and Adelaide Bank credit rating to positive outlook
28/06/2011  
Ratings agency Standard & Poor’s has today revised Bendigo and Adelaide Bank’s (BEN) credit rating from BBB+ stable, to BBB+ positive.
The announcement follows BEN’s upgrade to A- ... Find out more
 
Bendigo Wealth: New appointments
23/06/2011  
The April 2011 launch of Bendigo Wealth heralded an exciting new era in the evolution of the Bendigo and Adelaide Bank Group. The new Bendigo Wealth division has been warmly received in the IFA ... Find out more
 
Fitch Ratings upgrades Bendigo and Adelaide Bank to A-
5/05/2011  
Fitch Ratings has today upgraded Bendigo and Adelaide Bank’s (BEN) Long-Term Issuer Default Rating (IDR).
... Find out more
 
Bendigo Wealth launched
11/04/2011  

A new era in wealth management at Bendigo and Adelaide Bank.

Bendigo and Adelaide Bank has announced the launch of Bendigo Wealth, a new wealth management ... Find out more
 
Bendigo Bank and Carbon Down help businesses save energy as prices rise
4/04/2011  
With energy prices set to rise, Victorian businesses are being encouraged to reduce their energy consumption and protect their business against price impacts through an energy saving initiative ... Find out more
 
Bank supports Red Cross flood recovery project
1/04/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™, is assisting people to recover from the devastating Queensland floods by donating $300,000 to Red Cross work. ... Find out more
 
Salvos receive funding from bushfire appeal
30/03/2011  
Bendigo and Adelaide Bank’s philanthropic am, Community Enterprise Foundation™, in partnership with Pinjarra/Waroona Community Bank® Branch, has contributed ... Find out more
 
Bendigo and Adelaide Bank launches Retail Bonds (Series 1)
22/02/2011  
Bendigo and Adelaide Bank (BEN) has today released the Offer Document for its inaugural series of retail bonds.
Bendigo and Adelaide Bank Retail Bonds (Series 1) are ... Find out more
 
Tullio to play key role in building Bendigo's wealth business
16/02/2011  
Bendigo and Adelaide Bank has announced Alexandra Tullio will join its wealth team in March as Head of Wealth Markets.
Ms Tullio will be responsible for overseeing the sales, partner ... Find out more
 
Bendigo and Adelaide Bank announces $173.9m half-year profit
14/02/2011  

Highlights – 2010/2011 interim results

  • Cash earnings of $162.1 million
  • Cash earnings per share of 44.7 cents
  • ... Find out more
 
Interim Results Announcement 2011
10/02/2011  
Bendigo and Adelaide Bank will be releasing its interim results at 10.00am on Monday 14 February 2011. Investors, analysts and media will have an opportunity to listen to presentations from ... Find out more
 
Roleystone Kelmscott Bushfire Appeal launched
9/02/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ has partnered with Roleystone-Karragullen Community Bank® Branch and the Salvation Army ... Find out more
 
Cyclone Yasi Appeal launched
4/02/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ has launched the Cyclone Yasi Appeal.
On the Wednesday 2 February 2011, Cyclone Yasi caused extensive ... Find out more
 
Donations returned to flood affected communities
21/01/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ has begun distributing funds from its Queensland Flood Appeal to not-for-profit organisations assisting with the ... Find out more
 
Helping flood affected customers
21/01/2011  
Bendigo and Adelaide Bank has established an online information hub for customers affected by the recent floods in Queensland and Victoria.
The information hub, located on the Bendigo ... Find out more
 
Loddon Mallee Housing receives first funding from appeal
21/01/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ has begun distributing funds from its Victorian Flood Appeal, providing funding to emergency accommodation provider, ... Find out more
 
Trinity3 appoints managers for index, actively managed and protected model portfolios
18/01/2011  
Ralton, UBS, Platypus and Bennelong selected as active investment managers for SMA portfolios
Bendigo and Adelaide Bank platformTrinity3 has revealed its investment ... Find out more
 
Flood appeal raises more than $1 million
17/01/2011  
Bendigo and Adelaide Bank’s Queensland Flood Appeal has hit the $1 million mark, with more than 7,300 individual contributors opening their hearts and wallets to support Queensland’s flood ... Find out more
 
Victorian flood appeal launched
17/01/2011  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ has launched the Victorian Flood Appeal.
In the past week heavy rains have caused extensive damage ... Find out more
 
Flood appeal raises more than $600,000
13/01/2011  
An appeal run by Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ to raise funds for communities affected by the recent Queensland floods has reached $600,000 ... Find out more
 
Flood appeal raises more than $600,000
13/01/2011  
An appeal run by Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ to raise funds for communities affected by the recent Queensland floods has reached $600,000 in ... Find out more
 
Bank supports flood affected customers and communities
12/01/2011  
Bendigo and Adelaide Bank, along with the rest of the nation, is shocked and devastated by the flood disaster unfolding in Queensland.
To ensure their safety, all staff from impacted ... Find out more
 
Appeal launched for flood affected communities
23/12/2010  
Bendigo and Adelaide Bank's philanthropic arm, Community Enterprise Foundation™ has launched the Queensland Flood Appeal.
In the past week heavy rains have caused extensive flooding across ... Find out more
 
S&P upgrades Rural Bank credit rating to BBB+
22/12/2010  
Rural Bank, a 100 per cent-owned subsidiary of Bendigo and Adelaide Bank (BEN), has received a credit rating upgrade from ratings agency Standard & Poor’s.
The upgrade – ... Find out more
 
Tax consolidation – Adelaide Bank merger
22/12/2010  
Bendigo and Adelaide Bank (BEN) has announced the completion of further aspects of the tax consolidation process relating to the merger of Bendigo Bank and Adelaide Bank in 2007.Find out more
 
Opening remarks to the Senate Economics Committee
15/12/2010  
Today in Canberra, Mike Hirst, Managing Director of Bendigo and Adelaide Bank presented a submission to the Senate Economics Committee regarding the inquiry into competition within the banking sector. ... Find out more
 
Government support mitigates Bendigo Bank rate rise
12/11/2010  
Bendigo Bank has today announced an increase of 0.35% p.a. in its variable home loan rate. The new rate of 7.8% p.a. will apply from Wednesday, 17 November, 2010.
Managing ... Find out more
 
Preferred site identified for bank's new Adelaide HQ
3/11/2010  
Bendigo and Adelaide Bank today announced its search for a new corporate head office in Adelaide has progressed with a preferred site now identified.
Discussions with a ... Find out more
 
Risk, reward and regions highlighted as AGM resolutions approved
3/11/2010  
Bendigo and Adelaide Bank Chairman, Robert Johanson, has announced all resolutions put to shareholders at today’s Annual General Meeting were approved by the required majorities.
... Find out more
 
Bendigo and Adelaide Bank announces intention to buy remaining Rural Bank equity stake
26/10/2010  
Key points
  • Bendigo and Adelaide Bank announces intention to increase shareholding in Rural Bank from 60 per cent to 100 per cent for $ ... Find out more
 
Great Southern class action discontinued
22/10/2010  
The Great Southern class action claim commenced by DC Legal against Bendigo and Adelaide Bank has fallen over. This follows the striking out on Wednesday of the separate class action initiated by ... Find out more
 
Class action against Bendigo and Adelaide Bank
struck out
20/10/2010  
Bendigo and Adelaide Bank managing director Mike Hirst today welcomed a court decision to strike out the amended statement of claim in the first class action brought against the bank on behalf of ... Find out more
 
'Nothing new' in DC Legal’s Great Southern statement of claim, says Bank
8/10/2010  
Bendigo and Adelaide Bank today said there was “nothing new” in a statement of claim against it lodged in the Federal Court by Sydney law firm DC Legal on behalf of investors in the Great ... Find out more
 
AMP and Bendigo Bank form strategic alliance
6/10/2010  
AMP Financial Services and Bendigo Bank today announced a strategic alliance to deliver tailored AMP life insurance solutions to the bank’s 1.35 million retail customers across Australia.
... Find out more
 
Bendigo and Adelaide Bank announces $242.6m profit
9/08/2010  

Highlights - 2009/10 full year results

  • Cash earnings of $291.0 million - up 60 per cent1
  • Cash earnings per share of 83.3 cents - up 32 per cent< ... Find out more
 
Bendigo Bank customers most loyal
2/08/2010  
Brisbane based consulting firm, Engaged Marketing, has released results of its latest Consumer Loyalty Benchmarking study, naming Bendigo Bank as having the equal highest Net ... Find out more
 
Bendigo and Adelaide Bank HQ shortlisted in Premier’s Design Award
22/07/2010  
Bendigo’s biggest and boldest building has caught the attention of the Victorian Premier, shortlisted in the Premier’s Design Awards for 2010. The Bendigo Centre was one ... Find out more
 
Suncorp and Bendigo customers double ATM access from today
19/07/2010  
Customers of Australia’s premier regional banks, Suncorp Bank and Bendigo Bank, have twice as much ATM access from today.
The two banks have forged a new partnership ... Find out more
 
Bendigo and Adelaide Bank welcomes GS court action
28/05/2010  
Bendigo and Adelaide Bank (BEN) has welcomed news that Macpherson and Kelley (M+K) lawyers have finally issued class action proceedings relating to the Great Southern managed investment schemes ( ... Find out more
 
Community Bank® network returns $40 million
19/05/2010  
Today Bendigo and Adelaide Bank’s Community Bank® network celebrates a momentous milestone; with the announcement it has now returned more than $40 million dollars to support ... Find out more
 
Partnership to expand ATM access
3/05/2010  
Bendigo Bank has forged a new relationship with Cash Plus, to provide the bank’s customers with greater access to ATMs.
Under the agreement, Bendigo Bank will process ... Find out more
 
Bendigo and Adelaide Bank credit rating outlook upgraded to positive
11/03/2010  
Bendigo and Adelaide Bank has received an upgrade on its credit rating outlook from Fitch Ratings services.
The upgrade takes Bendigo and Adelaide Bank’s ... Find out more
 
Bendigo Bank opens 1000th ATM
2/03/2010  
Bendigo Bank has opened its 1000th ATM at the Coleraine Community Bank® Branch in Victoria’s west.
Bendigo and Adelaide Bank’s Senior Manager Business Development, Nathan ... Find out more
 
Bendigo and Adelaide Bank appoints two new directors
1/03/2010  
Bendigo and Adelaide Bank has appointed two new directors to its board, Jim Hazel and David Matthews.
Bendigo and Adelaide Bank Chairman, Robert Johanson, said the new ... Find out more
 
Community Bank® pioneer appointed as bank director
1/03/2010  
Bendigo and Adelaide Bank has appointed founding Bendigo and Adelaide Bank Chairman, Robert ... Find out more
 
Prominent SA businessman appointed to bank board
1/03/2010  
Bendigo and Adelaide Bank has appointed prominent South Australian businessman Jim Hazel to its board of directors.
Bendigo and Adelaide Bank Chairman, Robert Johanson, said ... Find out more
 
Strong rebound in net interest margin and profit for Bendigo and Adelaide Bank
15/02/2010  
Highlights 2010 interim results
  • Cash earnings per share of 41.2 cents - back to pre-GFC levels
  • Net profit after tax before significant items of $ ... Find out more
 
Bendigo and Adelaide Bank welcomes even competition on deposits
8/02/2010  
Bendigo and Adelaide Bank has welcomed news that it will be able to compete for deposits on the same basis as larger competitors in the Australian banking sector.
The news comes after ... Find out more
 
Bendigo Bank - the fairest of them all
25/01/2010  
Choice has named Bendigo Bank as one of the fairest credit card providers in Australia.
Choice surveyed more than 20 financial institutions, considering interest rates, fees ... Find out more
 
Bank returns more than $1 million to help local Black Saturday bushfire victims
30/12/2009  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™, has donated more than $1 million to Black Saturday bushfire victims in Central Victoria.
... Find out more
 
Bendigo and Adelaide Bank welcomes Gunns vote
24/12/2009  
Key points
  • Grower investors support eight proposals put forward by Gunns
  • Vote on the remaining scheme postponed until ... Find out more
 
Bendigo Bank launches Port Lincoln Bushfire Appeal
24/12/2009  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™, has launched the Port Lincoln Bushfire Appeal.
The foundation is working in ... Find out more
 
Bendigo Bank launches Upper Murray -Tooma Bushfire Appeal
24/12/2009  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™, has launched the Upper Murray/Tooma Bushfire Appeal.
The foundation is working ... Find out more
 
Investors prepare for significant Great Southern vote
22/12/2009  

Key points

  • Grower investors vote on Gunns proposal tomorrow
  • Prospects for M+K class action against ... Find out more
 
Growers encouraged to vote at Gunns meeting
18/12/2009  
Great Southern Grower Investors are being reminded to vote at the upcoming meetings being held by Gunns Limited.
The meetings are being held on December 23 to consider a ... Find out more
 
Proposed partnership to improve ATM access
9/12/2009  
Australia’s premier regional banks, Suncorp Bank and Bendigo Bank, are forging a new partnership to provide their customers with greater access to ATMs.
Under the ... Find out more
 
Quarter of new Australian bank branches are Community Bank® branches
8/12/2009  
Bendigo and Adelaide Bank will open its 250th ... Find out more
 
Scholarships on offer to rural students
1/12/2009  
The Bendigo and Adelaide Bank Scholarship Program is now accepting applications from students about to enter their first year of tertiary study. Rural and regional students across Australia are ... Find out more
 
Survey shows Bendigo customers have reason to smile
20/11/2009  
The Australian Financial Review’s Smart Investor magazine has released the results of its latest SMILES Survey, voting Bendigo Bank as best overall service provider and day to day banking provider ... Find out more
 
Saving Bendigo's Water
4/11/2009  
Bendigo and Adelaide Bank’s headquarters, The Bendigo Centre, is now relying entirely on recycled water to service all toilets throughout the building, saving almost 4.5 million litres of ... Find out more
 
Donations needed to help Samoa rebuild
9/10/2009  
Bendigo and Adelaide Bank, through its Community Enterprise Foundation™, has partnered with the Rotary Club of Bendigo to launch the Samoan Tsunami Appeal.
The Rotary ... Find out more
 
Bendigo is top bank for satisfied customers
1/10/2009  
A survey released by consumer group Choice shows that Bendigo Bank continues to provide industry-leading customer satisfaction levels.
Choice surveyed more than 3000 of its ... Find out more
 
Shipping containers to assist Black Saturday bushfire victims
15/09/2009  
Residents affected by the devastating events of Black Saturday will be given a boost by the provision of lockable shipping containers through the adopt-a-container program coordinated by Yarra ... Find out more
 
Victorian communities say it’s time to Ban the Bulb
14/09/2009  
Energy-hungry light bulbs are feeling the heat, following today’s launch of Bendigo Bank’s Ban the Bulb campaign, run in partnership with AGL Energy, Australia’s largest ... Find out more
 
Bank staff roll up their sleeves to help out Kinglake locals
8/09/2009  
A group of Bendigo and Adelaide Bank employees are in Kinglake this week to assist the community as it rebuilds and recovers after the Black Saturday bushfires which decimated the region in ... Find out more
 
Health program aids bushfire victims in recovery process
4/09/2009  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™ will fund a new Bendigo Bushfire Health and Wellbeing Program.
The foundation has ... Find out more
 
Exceptional support for Bendigo and Adelaide Bank equity raising
12/08/2009  
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS
Bendigo and Adelaide Bank has successfully closed the fully underwritten institutional component of the ... Find out more
 
Bendigo and Adelaide Bank announces FY 2009 results
10/08/2009  
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS
Highlights
 
Market update - Great Southern
4/08/2009  
Bendigo and Adelaide Bank (BEN) has released information on provisioning and credit quality relating to loans which form its Great Southern portfolio. Given the Bank has released these details, ... Find out more
 
Bank positions itself to ride economic upswing
15/07/2009  
Bendigo and Adelaide Bank today announced measures to ensure the company is able to fully capitalise on opportunities presented by a recovering economy.
Bank spokesman Owen ... Find out more
 
Donations returned to local CFA brigades
14/07/2009  

Bendigo and Adelaide Bank distributes $40,000 to local CFA fire brigades

Bendigo and Adelaide Bank continues to distribute money from its Bushfire Appeal, with almost $40, ... Find out more
 
Bendigo and Adelaide Bank to purchase Tasmanian Perpetual Trustees’ share in Tasmanian Banking Services
8/07/2009  
Bendigo and Adelaide Bank Limited (Bendigo) and Tasmanian Perpetual Trustees Limited (TPTL) today announced that Bendigo will purchase TPTL’s 50 per cent share of their joint venture company, ... Find out more
 
Bank returns more than $1 million to help
  
Bendigo and Adelaide Bank’s philanthropic arm, Community Enterprise Foundation™, has donated more than $1 million to Black Saturday bushfire victims in Central Victoria.
... Find out more
 
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