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BEN — Bendigo and Adelaide Bank News Story

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Bendigo and Adelaide Bank falls after Australia imposes a $33 million charge

** Shares of Australia's Bendigo and Adelaide Bank BEN.AX fall as much as 3.2% to A$9.96, their lowest level since April 9

** Marks biggest intraday pct fall since November 25

** Australian Prudential Regulation Authority (APRA) and AUSTRAC announce actions to address weakness in the bank's risk management practices

** APRA to apply a A$50 million ($32.99 million) operational risk capital charge on the bank, effective from January 1

** BEN says capital charge is expected to squeeze its Level 2 common equity tier 1 ratio by about 17 basis points

** Stock is down 21.9% YTD, including the session's moves

($1 = 1.5156 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com))

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