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Home » Australian Banks » Rural Bank | |||||||||||||||||
Rural Bank |
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Rural Bank Limited is a wholly owned subsidiary of Bendigo and Adelaide Bank Limited and specialises in providing banking products and services to the Australian Agribusiness sector. Its customers are predominantly based in rural and regional Australia, although many of its deposit customers are from metropolitan areas. |
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Rural Bank’s heartland is in rural Australia. It is fully committed to providing a leading, specialised banking service to primary producers, agribusiness participants and individuals or businesses seeking business loans. As part of the Bendigo and Adelaide Bank Group, it also offer customers the benefit of the broader capabilities offered by Bendigo and Adelaide Bank. |
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The banks are
regulated by the Australian Prudential Regulatory Authority (APRA) in
Australia. APRA is responsible for regulating much of the financial
industry, including insurance and superannuation companies. Institution
seeking to be prudentially regulated as an authorised deposit-taking
institution (ADI) is required to be authorised under the Banking Act 1959
(the Banking Act). The Australian Prudential Regulation Authority (APRA) is
responsible for the authorisation process. |
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