According to Nigerian Bank, Access Bank: “We are pleased to announce that
@accessbank_sa has signed a binding agreement to acquire a 100% equity stake in South Africa-based Bidvest Bank, marking a significant milestone in our commitment to strengthening our footprint in South Africa and across the SADC region.
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| Access Bank South Africa sign binding agreement to acquire a 100% equity stake in South Africa-based Bidvest Bank |
“This acquisition, subject to regulatory approvals, will merge Bidvest Bank with our existing South African subsidiary, creating an enlarged platform to drive regional growth, enhance intra- and inter-Africa trade, and unlock new opportunities for businesses across the continent.
We remain dedicated to building a stronger, more connected Africa.”
We are pleased to announce that @accessbank_sa has signed a binding agreement to acquire a 100% equity stake in South Africa-based Bidvest Bank, marking a significant milestone in our commitment to strengthening our footprint in South Africa and across the SADC region.
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— Access Bank Plc (@myaccessbank) December 13, 2024
