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    BEN — Bendigo and Adelaide Bank News Story

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    Brief: Bendigo And Adelaide Bank Faces APRA Civil Proceedings For Banking Act Contraventions 2020-2023

    Picture of Bendigo and Adelaide Bank logoBendigo and Adelaide Bank
    10/08/2026 10:38
    BRIEF-Bendigo And Adelaide Bank Faces APRA Civil Proceedings For Banking Act Contraventions 2020-2023
    Aug 10 (Reuters) - Bendigo and Adelaide Bank Limited BEN.AX:
    • FACES APRA CIVIL PROCEEDINGS FOR BANKING ACT CONTRAVENTIONS 2020-2023
    • ACCEPTS PROPOSED A$8 MILLION PENALTY SUBJECT TO COURT APPROVAL
    • PENALTY AND A$2.6 MILLION LEGAL COSTS EXPECTED IN FY2026 RESULTS AS NON-CASH ITEM
    • MARCH 2023 CYBERSECURITY INCIDENT COMPROMISED 250 ACCOUNTS, A$140,000 MISAPPROPRIATED
    • IMPACTED ALLIANCE BANK CUSTOMERS FULLY REIMBURSED; NO OTHER CUSTOMERS AFFECTED

    Further company coverage: BEN.AX

     ((Reuters.Briefs@thomsonreuters.com;))

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