Statement from Bendigo Bank

In August 2025, Bendigo Bank engaged an independent consultant to conduct an investigation of suspicious activity at one of its branches after the Bank identified and reported the matter to the relevant authorities.

This investigation has found deficiencies in the Bank's approach to the identification, mitigation, and management of money laundering and terrorism financing (ML/TF) risk.

Bendigo Bank understands that financial crime impacts all Australians and takes its ML/TF obligations seriously. The Bank works closely and collaboratively with regulators, government, other financial institutions and law enforcement agencies to detect, respond to, and prevent financial crime.

The Bank has made, and will continue to make, investments to uplift its approach in the identification, mitigation and management of these risks to ensure that it is fully compliant with its obligations.

Bendigo Bank remains committed to its longstanding purpose to feed into the prosperity of its customers and the community.

The Bank accepts that it has more to do and will continue to work on improving its risk frameworks and processes, in order to continue delivering on its purpose.

For more information click here. For media enquiries please email media@bendigoadelaide.com.au