Adelaide Bank

By: Awesome Lending Solutions  28-Jan-2016
Keywords: First Home Buyers, Bank Mortgages

Adelaide Bank is a leading customer connected business, operating for more than 100 years. Adelaide Bank was established in January 1994, originating from the Co-operative Building Society of South Australia, which was Australia's largest building society at that time. In 2007 Adelaide Bank merged with Bendigo Bank, forming Bendigo and Adelaide Bank Limited , a publicly listed company owned by more than 82,000 shareholders. Bendigo and Adelaide Bank Limited ranks in the top six banks in Australia by capitalisation. Adelaide Bank is now the dedicated intermediary lending business of Bendigo and Adelaide Bank Limited. We have a specialised focus on supporting intermediaries through continued product innovation and exceptional service levels. Adelaide Bank’s success is achieved by distributing mortgage products through partnerships with industry professionals. This offers our customers the freedom of choice when sourcing products that best meet their financial needs. So how do we rate? Ratings agency Standard and Poor’s recently revised Bendigo and Adelaide Bank Limited's credit rating to A-. This followed a recent upgrade to A- by Fitch Ratings and we continue to hold a long-term credit rating of A2 with Moody’s. Adelaide Bank has assets under management of more than $17 billion, and Bendigo and Adelaide Bank Limited has more than $52.1 billion.

Keywords: Bank Mortgages, First Home Buyers

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