Banking Day reported today Bendigo/Adelaide Bank’s growing desire to fully engage in the margin space. Bendigo/Adelaide Bank’s presence in the margin lending space up until the GFC was quite significant.
What will be interesting to see will be the involvement Bendigo/Adelaide Bank places on technology and the use of tools such as simulators and calculators aimed at engaging new and existing clients. In part, the successful roll out of such tools such as simulators and calculators will be essential in the success of their strategy in re-developing their margin lending market.