Moody’s Warns of Downgrade for Bidvest Bank Following Access Bank Acquisition

Bidvest Bank, currently owned by Bidvest Group, is set to be acquired by Nigeria’s Access Bank plc for R2.8 billion. The acquisition, expected to conclude in the second half of 2025, will merge Bidvest Bank with Access Bank’s existing South African subsidiary, forming a larger platform to support the SADC regional growth strategy. However, Moody’s … Continue reading Moody’s Warns of Downgrade for Bidvest Bank Following Access Bank Acquisition