Garanti BBVA completes sale of Romanian subsidiaries to Raiffeisen Bank
BBVA•Garanti BBVA completed the sale of 100% of its Romanian businesses, Garanti Bank and Motoractive IFN, to Raiffeisen Bank after receiving regulatory approvals.
1. Sale completed
Garanti BBVA completed the sale of 100% of its Romanian businesses, Garanti Bank and Motoractive IFN, to Raiffeisen Bank. The sale by Netherlands-based subsidiaries Garanti Holding and G Netherlands closed after regulatory approvals.
