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How Bendigo Bank’s RACQ Deal and AML Fix Could Reshape Its Future
8:29am on Thursday 4th of December, 2025 AEDT
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Financial Services
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How Bendigo Bank’s RACQ Deal and AML Fix Could Reshape Its Future
8:29am on Thursday 4th of December, 2025 AEDT
Key Points
Acquisition of RACQ Bank’s $5.2 billion retail loan and deposit book
Transaction expected to complete in first half of 2027, funded from excess capital
AML breach self-reported; Deloitte engaged for investigation and remediation
Strategic focus on digital innovation, operational excellence, and customer growth
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Bendigo and Adelaide Bank (ASX:BEN)
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