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Bendigo Bank saves $148m for COVID losses

James Frost
James FrostFinancial services writer

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Bendigo and Adelaide Bank has socked away an additional $148.3 million for COVID-19 credit losses for the financial year as it grapples with the fallout from the pandemic on its customers and the economy.

Bendigo Bank deferred 20,144 loans worth $6.3 billion in a little over a month. 

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    Original URL: https://www.afr.com/companies/financial-services/bendigo-bank-saves-148m-for-covid-losses-20200528-p54x5g