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Accuracy of Financial Modelling

9 May 2019 |Industry Updates
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Accuracy of Financial Modelling

9 May 2019 |Industry Updates
Just how accurate is Alliance Bank's financial modelling for new entrants?

We asked NOVA's CEO, David Franklin, four important questions:

How confident can entrants into the model be with financial forecasting?

Did your financials post-transfer match the modelling?

What’s happened since transfer in respect of loans, deposits and business growth?

What expectations did you and your Board have and have they been realised?

Here's what he had to say.

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David Franklin on the Accuracy of Financial Modelling

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Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. AWA Mutual Limited®, BDCU Limited®, CIRCLE Mutual Limited®, NOVA Mutual Limited® and SERVICE ONE Mutual Limited® (Alliance partners) are independent mutual entities that have formed an alliance with Bendigo and Adelaide Bank. AWA Alliance Bank®, BDCU Alliance Bank®, CIRCLE Alliance Bank®, NOVA Alliance Bank® and SERVICE ONE Alliance Bank® are trademarks of Bendigo and Adelaide Bank Limited.

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