Bendigo and Adelaide Bank revises year forecast

Sun Apr 5, 2009 11:49pm BST
 
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SYDNEY, April 6 (Reuters) - Australia's Bendigo & Adelaide Bank (BEN.AX) revised its forecasts for the 2009 financial year on Monday, expecting cash earnings of A$205-218 million ($147-157 million).

Australia's sixth-biggest lender by market value said in a trading update for the third quarter that market conditions remained challenging, but the bank was well positioned.

(Reporting by Mette Fraende)

 

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