Skip to main content

BEN acquire loan book of H.D. & C Securities

1 May 2013 |Media centre

Bendigo and Adelaide Bank and H.D. & C Securities Limited have today announced that they have signed a sale agreement under which Bendigo and Adelaide Bank will acquire from Benalla based H.D & C Securities its loan book totalling approximately $50 million.

Bendigo and Adelaide Bank Managing Director, Mike Hirst, said he was pleased to sign the deal, which would strengthen the Bank’s connection with the region.

We believe this deal is positive for borrowers who will be supported with an exceptional product and service offering," Mr Hirst said.

H.D. & C has developed strong relationships with its borrowers and Bendigo and Adelaide Bank has a long history of investing in regional Australia, so we’re very confident we can support customers to achieve their financial goals while supporting the local community."

Completion of the sale will take place in mid June.

Related Topics

Bendigo Bank logo
Connect with us

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2022 Bendigo and Adelaide Bank