Separate ASX announcements by Bendigo and Adelaide Bank and Australian Finance Group provided some welcome news for those backing challenger finance groups.
Investors in the finance sector were reminded on Monday of the need to be fleet footed when it comes to buying stocks outside of the big four banks.
Two challenger brands – Bendigo and Adelaide Bank and Australian Finance Group - came to market with very different announcements and both pleased their respective owners.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
