Bendigo and Adelaide Bank Ltd

BEN: XASX (AUS)
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Bendigo and Adelaide Bank: Organic Growth Remains the Focus Despite RACQ Acquisition

Positive momentum was the focus of Bendigo's investor update, with management pointing to a refreshed banking app and a new lending platform as foundations to help the bank increase loans in line with the market. The balance sheet acquisition of RACQ Bank is expected to be ROE-accretive.

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