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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 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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