Adelaide and Bendigo deliver solid profit

Rob Hunt, group managing director of the bank, said the achievement of sustainable profit growth, despite the severe dislocation in global credit markets, was testament to the bank’s unique business model.

“While current conditions have challenged our wholesale businesses, we have been able to leverage the strength of our retail franchise to sustain our momentum. Equally, as conditions improve for our wholesale businesses, they will be well-placed to ride the upswing,” he said.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 12 August 2008