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Bendigo Bank Launches $70 Million Risk Overhaul After APRA Licence Conditions
8:16am on Tuesday 18th of August, 2026 AEST
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Financial Services
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Bendigo Bank Launches $70 Million Risk Overhaul After APRA Licence Conditions
8:16am on Tuesday 18th of August, 2026 AEST
Key Points
APRA imposes licence conditions over non-financial risk deficiencies
Bank commits $70 million in FY26 for risk rectification program
FY26 statutory net profit of $375.1 million includes major provisions
Strong capital position maintained with CET1 ratio at 11.34%
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