Bendigo and Adelaide Bank Ltd - Company Profile
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Bendigo and Adelaide Bank Ltd (Bendigo and Adelaide Bank) is a provider of banking and other financial services based in Australia. Sound capital adequacy, improved asset quality, and net interest margin are some of its strengths, even as decline in its non-interest income could be an area for concern. Growing cards and payments channel, strategic initiatives and growing wealth management prospects in Australia could provide new growth avenues to the bank. However, risks related to online theft and hacking, emergence of neobanks, crowded robo advisor field could affect the bank’s business performance.
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