Adelaide Bank and Bendigo Bank merger completed

On 30 November 2007, schemes of arrangement between Adelaide Bank and Bendigo Bank were implemented, and with this act the merger of the two banks was finalised.

The following year, on 31 March 2008, the new company was officially renamed Bendigo and Adelaide Bank Limited, and Adelaide Bank is now a wholly-owned subsidiary of this entity.

The formation of Bendigo and Adelaide Bank Limited marks an exciting new era for Adelaide Bank and its customers, partners, staff, and the community it has served for over 100 years.

All of these parties can greatly benefit from the increased strength and diversity the new financial institution can provide.

Merger Archive

31 March 2008 - New company officially becomes Bendigo and Adelaide Bank Limited. More details here.

30 Nov 2007 - Two successful organisations are now one. More details here.

16 Nov 2007 - Shareholders overwhelmingly voted their support for the merger. More details here.

08 Oct 2007 - To view a copy of the Scheme Booklet for the proposed Adelaide Bank and Bendigo Bank merger, please click here.

02 Oct 2007 - Managing Director Jamie McPhee speaks with Corporate File about the proposed Adelaide Bank and Bendigo Bank merger.
Read the full transcript here.

Other Information

Detailed information about the proposed merger and its benefits are contained in the following links.

Company Profile
Customer Flyer
ADB ASX Release
ADB 2007 Year End Results
ADB/BEN Press Release
ADB/BEN Presentation
Merger Announcement webcast from 09/08/2007
Frequently Asked Questions
Scheme Booklet