Securitisation

History of Bendigo and Adelaide Bank in the Securitisation Market

Bendigo and Adelaide Bank Limited ("BEN") is a merged entity between Bendigo Bank Limited and Adelaide Bank Limited. The merger, in 2007, created one of Australia's largest second tier banks.

BEN has been providing home lending to its customers for over 160 years and with a strong community focus and a national presence it currently services over 1.9 million retail customers.

BEN was one of the first Australian Banks to securitise their residential mortgages in 1996 under the TORRENS (Heritage Adelaide Bank) and BANKSIA (Heritage Bendigo Bank) programmes.

Securitisation forms an important part of the BEN’s overall capital management and funding strategy. All potential securitisable loans are subject to an upfront due diligence that determines their securitisation status.

BEN is rated BBB+ / A-2 by S&P, A3 / P-2 by Moody's and A- / F2 by Fitch.

If you have any further queries please contact Term Funding on 08 7109 9510 or email funding@adelaidebank.com.au