Garanti BBVA Completes Sale of Romanian Subsidiary for €571 Million

Bitget2026/11/03 08:40

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Garanti BBVA completed the sale of its Romanian subsidiary for €571 million.
The transaction will generate approximately €83 in net capital gains after tax, raising BBVA Group's CET1 ratio by around 8 basis points.
The subsidiary is Romania's tenth-largest financial institution by assets, with approximately 2% market share.
Its assets totaled €4 billion at the end of 2025, representing less than 5% of Garanti BBVA's assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BBVA - Banco Bilbao Vizcaya Argentaria SA published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Garanti BBVA Completes Sale of Romanian Subsidiary for €571 Million

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