Market Update
In response to market developments in the US overnight, Bendigo and Adelaide Bank advises the following;
- Bendigo and Adelaide Bank has no exposure to the Lehman Bros group of companies.
- Bendigo and Adelaide Bank has no exposure to American International Group (AIG) or any of its subsidiaries.
- Bendigo and Adelaide Bank has no exposure to the US Federal National Mortgage Association (Fannie Mae), or to the US Federal Home Loan Mortgage Corporation (Freddie Mac).