A credit ratings agency has reaffirmed its recent rating of Bendigo and Adelaide Bank at BBB+/F2 and an individual rating of B/C has been assigned to the bank.
The ratings agency has noted that BEN has loans totalling $580 million to about 8000 high net worth Great Southern MIS investors.
Importantly it noted that although a small number of investors are considering legal action the amount at risk is small and the bank has clarified its legal right to full recourse.
A credit ratings agency has reaffirmed its recent rating of...
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Last
$12.85 |
Change
0.060(0.47%) |
Mkt cap ! $7.298B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $12.85 | $12.73 | $9.561M | 745.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1662 | $12.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.85 | 5080 | 6 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| BEN (ASX) Chart |