BBVA•Garanti BBVA completed the sale of its Romanian subsidiary for €571 million. The transaction is expected to generate approximately €83 in net capital gains after tax and raise BBVA Group’s CET1 ratio by around 8 basis points.
Garanti BBVA completed the sale of its Romanian subsidiary for €571 million. The transaction will generate approximately €83 in net capital gains after tax and raise BBVA Group’s CET1 ratio by around 8 basis points.
The subsidiary was 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.
