Access Bank has confirmed the collapse of its proposed acquisition of South Africa’s Bidvest Bank, ending a transaction that was expected to deepen the Nigerian lender’s footprint in Southern Africa.
The confirmation was disclosed in a statement signed by the Bank’s Company Secretary, Sunday Ekwochi, on Tuesday, February 10, 2026.
The deal involved Access Bank’s plan to acquire a 100 per cent stake in Bidvest Bank as part of its broader African expansion strategy.
