{"id":1381,"date":"2026-04-11T09:02:26","date_gmt":"2026-04-11T09:02:26","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/1381\/"},"modified":"2026-04-11T09:02:26","modified_gmt":"2026-04-11T09:02:26","slug":"turkish-lender-garanti-bbva-says-no-decision-yet-on-romania-unit-sale","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/1381\/","title":{"rendered":"Turkish lender Garanti BBVA says no decision yet on Romania unit sale"},"content":{"rendered":"

A Garanti BBVA branch is seen in Galati, Romania, March 14, 2024. (Adobe Stock Photo)<\/p>\n

\nMarch 11, 2026 11:05 AM GMT+03:00\n<\/p>\n

T\u00fcrkiye-based lender Garanti BBVA said it has not made a final decision regarding a possible sale of its Romanian subsidiary, responding to reports circulating about the future of Garanti Bank S.A. in the country.<\/p>\n

In a disclosure on Wednesday, the bank said<\/a> it regularly reviews strategic options for its assets and subsidiaries and may consider offers related to potential transactions, but stressed that no decision has been made to proceed with or complete any sale of the Romanian unit.<\/p>\n

More to Read<\/p>\n

\"Spanish<\/a><\/p>\n

Raiffeisen seen nearing $640M deal for Garanti\u2019s Romania unit<\/p>\n

An earlier report by Bloomberg suggested<\/a> that Austria\u2019s Raiffeisen Bank was nearing an agreement to acquire Garanti\u2019s Romanian business.<\/p>\n

According to people familiar with the matter cited in the report, the Austrian bank had offered roughly \u20ac550 million ($640 million).<\/p>\n

The report noted that discussions were at an advanced stage but could still face delays or fail to reach completion.<\/p>\n

\"A
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\nA Garanti Bank branch is pictured in Targu Mures, Romania, Aug. 25, 2012. (Adobe Stock Photo)\n<\/p>\n

Garanti Romania’s total assets top $5B<\/p>\n

The Turkish lender, in which Spanish banking giant BBVA holds an 85% stake, has operated in Romania since 1998. The unit is the bank\u2019s second foreign subsidiary after GarantiBank International N.V., which was established in 1990.<\/p>\n

As of the last quarter of 2025, the bank has 67 branches and 1,118 employees in the country, with total assets reaching \u20ba204.36 billion ($5.17 billion), according to the financial reports.<\/a><\/p>\n

In 2024, Garanti Romania reported net revenues <\/a>of 654 million Romanian Leu ($142 million).<\/p>\n

<\/p>\n

March 11, 2026 11:06 AM GMT+03:00<\/p>\n","protected":false},"excerpt":{"rendered":"A Garanti BBVA branch is seen in Galati, Romania, March 14, 2024. (Adobe Stock Photo) March 11, 2026…\n","protected":false},"author":2,"featured_media":1382,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148],"class_list":{"0":"post-1381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-bbva"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=1381"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/1382"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=1381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=1381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=1381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}