Agreement on the acquisition of Garanti BBVA Group Romania by Raiffeisen Bank, which is expected to become Romania’s third-largest bank

Raiffeisen Bank International AG (RBI) announces that its Romanian subsidiary Raiffeisen Bank S.A. has reached an agreement to acquire 100 per cent of the shares in Garanti BBVA Group Romania (Garanti Bank S.A. and the leasing unit Motoractive IFN S.A.) from subsidiaries of Banco Bilbao Vizcaya Argentaria S.A. (BBVA). The transaction is subject to closing […]