Garanti BBVA’s subsidiary in Romania is the tenth largest financial institution in the country by asset volume, with a market share of around 2% and total assets of €4 billion as of year-end 2025 (less than 5% of Garanti BBVA’s assets).
BBVA estimates that this transaction will have a net positive impact of around 10 basis points on the CET1 ratio and €112 million on the BBVA Group’s income statement.
The closing of the transaction, subject to the required regulatory approvals, is expected to take place in the fourth quarter of 2026.