Bidvest Bank

Bidvest Bank, (BVBL), is a business bank in the Republic of South Africa.

[1] It is a niche bank specialising in foreign exchange and providing retail banking, vehicle financing and insurance.

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

It is still heavily involved in meeting the banking needs of traveling businesspeople and tourists, but has a variety of retail banking products on its menu.

[2] The bank was a 100% subsidiary of its parent company, Bidvest Group Limited (BVGL), a South African-based International business conglomerate.

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