Bidvest Bank Limited

Bidvest Bank Head Quarters inSandton,South Africa
Company type	Subsidiary
Industry	Financial services
Founded	1998; 27 years ago (1998)
Headquarters	Sandton,Johannesburg , South Africa
Key people	Hannah Sadiki (Chief Executive Officer)
Products	Banking services
Operating income	R 1.22 billion[1] (2024)
Net income	R 223.52 million[1] (2024)
Total assets	R 11.98 billion[1] (2024)
Total equity	R 2.38 billion[1] (2024)
Owner	Access Bank South Africa
Number of employees	713[1] (2024)
Website	www.bidvestbank.co.za

Bidvest Bank,(BVBL), is abusiness bank in theRepublic of South Africa. It is licensed by theReserve Bank of South Africa, the national banking regulator.^[2] It is a niche bank specialising inforeign exchange and providingretail banking, vehicle financing and insurance. It was acquired byAccess Bank South Africa in 2024.^[3][4]

In 1998, the Bidvest Group acquiredRennies Foreign Exchange, as part of the acquisition of the Rennies Group.

In 2000, following the issuance of a banking license by theSouth African Reserve Bank, Rennies Foreign Exchange becameRennies Bank.

In 2007 Rennies Bank rebranded intoBidvest Bank. The bank maintains over 140 retail banking outlets across South Africa. It is still heavily involved in meeting the banking needs of traveling businesspeople and tourists, but has a variety ofretail banking products on its menu.^{[citation needed]}

In 2024, the banks then owner,Bidvest Group Limited (BVGL), a South African-based International businessconglomerate sold the bank to Nigerian banking Group's South African subsidiaryAccess Bank South Africa for R2.8billion.^[4]

• List of banks in South Africa
• South African Reserve Bank
• Economy of South Africa

• Website of Bidvest Bank Limited
• Website of Reserve Bank of South Africa

• Banks of South Africa
• Banks established in 2000
• Companies based in Sandton
• Bidvest companies

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• Articles with unsourced statements from March 2025