Thanks for pointing that out sg i missed it in yesterdays paper....

Thanks for pointing that out sg
i missed it in yesterdays paper.

The article below
...............
Street Talk
Bendigo Bank to raise a COVID-19 provision: Morgan Stanley
Sarah Thompson, Anthony Macdonald and Tim Boyd
May 21, 2020 – 12.30pm
Save
Share
Regional banks are lagging their big money rivals when it comes to coronavirus buffers and Morgan Stanley is tipping at least one of them to do something about it.
In a note to clients on Thursday, analysts at the investment bank said they were forecasting Bendigo and Adelaide Bank to raise a COVID-19 provision of $80 million – or 12 basis points of loans – next week.

Morgan Stanley analysis.
The analysts said they believed the announcement could come as part of Bendigo's quarterly capital and credit quality update and that the bank had the lowest level of collective provision (CP) coverage compared to its rivals.
"Bendigo has not yet raised a COVID-19 provision and its CP of $147 million includes housing CP coverage of ~9 basis points and non-housing CP coverage of ~59 basis points," the note said.
"We estimate that the COVID-19 provision would need to increase by ~$80 million to ~$110 million or ~13-17 basis points of total loans to be in line with the Bank of Queensland proforma range, but would need to rise by $200 million to match Suncorp and ~$225 million to reach the major bank average."

..........