ADI

Authorised Deposit taking Institution. APRA defines ADIs as the following: “ADIs are corporations which are authorised under the Banking Act 1959. ADIs include banks, building societies and credit unions All ADIs are subject to the same prudential standards but the use of the names “bank”, “building society” and “credit union” is subject to corporations meeting certain criteria”

For a list of ADIs go to the APRA website (www.apra.gov.au)

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