Movatterモバイル変換

[0]ホーム

Jump to content

Bidvest Bank

Add links

From Wikipedia, the free encyclopedia

South African bank

This articleneeds additional citations forverification. Please helpimprove this article byadding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Bidvest Bank" – news ·newspapers ·books ·scholar ·JSTOR(January 2025) (Learn how and when to remove this message)

Bidvest Bank Limited

Bidvest Bank Head Quarters inSandton,South Africa
Company type	Private
Industry	Financial services
Founded	1998 (1998)
Headquarters	Sandton,Johannesburg,South Africa
Key people	Hannah Sadiki (Chief Executive Officer)
Products	Loans, Foreign Exchange, Savings, Investments, Debit Cards, Business Banking, Private Banking, Transactional Banking
Owner	Bidvest Group Limited
Number of employees	+-700
Website	www.bidvestbank.co.za

A photograph of a Bidvest Bank branch in Cape Town, South Africa.

Bidvest Bank,(BVBL), is abusiness bank in theRepublic of South Africa. It is licensed as a "locally-controlled bank" by theReserve Bank of South Africa, the national banking regulator.^[1] It is a niche bank specialising inforeign exchange and providingretail banking, vehicle financing and insurance.

History

[edit]

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]}

Overview

[edit]

The bank was a 100% subsidiary of its parent company,Bidvest Group Limited (BVGL), a South African-based International businessconglomerate. In 2024, Access Bank of Nigeria bought Bidvest bank for R2.8billion

References

[edit]

^"FinForum | Everything About Business".FinForum. Archived fromthe original on May 24, 2009.

External links

[edit]

v t e Banks of South Africa
Central bank	South African Reserve Bank
Big four commercial banks	Absa First National Bank Nedbank Standard Bank
Investment banks	Investec Rand Merchant Bank
Other	African Bank Bidvest Bank Capitec Bank Development Bank of Southern Africa FirstRand Grindrod Bank Imperial Bank South Africa Land and Agricultural Development Bank of South Africa Postbank Sasfin Bank Ubank
Defunct	20Twenty African Banking Corporation Allied Bank Colesberg Bank NBS Permanent Bank Saambou Trustbank United Bank VBS Mutual Bank Volkskas

Companies based inGreater Johannesburg

Diversified
conglomerates

Airlines

Defunct	1time African International Airways AirQuarius Aviation Avia Comair Command Airways Executive Aerospace Fly Blue Crane Imperial Air Cargo Interair South Africa Interlink Airlines kulula.com Mango Nationwide Airlines Rossair Executive Air Charter Rovos Air Skywise South African Express

Construction
and engineering

Energy

Financial

Banks	Absa Bank Access Bank South Africa African Alliance Investment Bank African Bank Bank Zero Bidvest Bank DBSA First National Bank FirstRand Bank Imperial Bank South Africa Mercantile Bank Nedbank Rand Merchant Bank Sasfin Bank Stanchart South Africa Standard Bank TymeBank Ubank Wizzit Defunct VBS Mutual Bank