Brief: Bendigo And Adelaide Bank Says Expect Official Interest Rates To Remain At Current Levels

Bendigo and Adelaide Bank

26/08/2024 02:35

Aug 26 (Reuters) - Bendigo and Adelaide Bank  BEN.AX :
    * CONTINUES TO EXPECT OFFICIAL INTEREST RATES TO REMAIN AT
CURRENT
LEVELS INTO NEXT CALENDAR YEAR
    * EXPECT ARREARS TO MOVE BACK TOWARD LONG-TERM AVERAGES FOR
BANK
    * TARGETING TO INCREASE INVESTMENT SPEND (CASH) FOR BOTH
FY25 AND
FY26 BY A$30-40 MILLION ON FY24 LEVELS
    * OUR CAPITAL LEVELS ARE STRONG

Further company coverage:  BEN.AX 

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