The story
In 1998, Bidvest Group acquired Rennies Foreign Exchange, as part of the acquisition of the Rennies Group.
In 2000, following the issuance of a banking license by the South African Reserve Bank, Rennies Foreign Exchange became Rennies Bank.
In 2007, Rennies Bank rebranded to Bidvest 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.
In 2024, Bidvest Bank's parent company, South African diversified investment firm Bidvest Group, sold the bank to Access Bank South Africa, a subsidiary of Nigerian banking group Access Bank Group, for R2.8 billion. In 2026 the sale was reported has "collapsed" Access Bank Group have not continued with acquisition.
From Wikipedia’s article on Bidvest Bank, shared under CC BY-SA 4.0.3