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Bendigo and Adelaide Bank Aligns with Revised Prudential Standards

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Bendigo and Adelaide Bank Aligns with Revised Prudential Standards

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Bendigo & Adelaide Bank ( (AU:BEN) ) has issued an announcement.

Bendigo and Adelaide Bank has released its prudential disclosures in compliance with the revised Prudential Standard APS 330, effective from January 2025, which aligns with international standards set by the Basel Committee. The disclosures, verified by the bank’s Chief Financial Officer and Chief Risk Officer, underscore the bank’s commitment to transparency and adherence to regulatory requirements, potentially enhancing its reputation and trust among stakeholders.

The most recent analyst rating on (AU:BEN) stock is a Sell with a A$9.17 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo and Adelaide Bank Limited is an Authorised Deposit-taking Institution (ADI) regulated by the Australian Prudential Regulation Authority (APRA). The bank operates in the financial services industry, offering banking and financial products to its customers.

YTD Price Performance: 1.95%

Average Trading Volume: 1,061,490

Technical Sentiment Signal: Buy

Current Market Cap: A$7.36B

See more data about BEN stock on TipRanks’ Stock Analysis page.

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