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Bendigo Bank welcomes rating confirmation


8/01/2003

Bendigo Bank managing director Rob Hunt today welcomed the affirmation of the company’s credit ratings by Standard & Poor’s.

In a statement issued earlier today, Standard & Poor’s affirmed Bendigo Bank Limited’s BBB/A-2 ratings following completion of its formal review process on the bank. The outlook on the long-term rating remains stable.

Mr Hunt said: "We welcome Standard & Poor’s statement and affirmation of our current credit rating.

"Bendigo Bank has for a number of years maintained a consistent business strategy focused on helping customers achieve their financial goals and on building the capacity of each of the com