BBVA to sell Romania business to Raiffeisen for $680 million

The deal is set to make Raiffeisen’s Romanian subsidiary the third-largest bank in the country by total assets, the Austrian ...

Raiffeisen Buys BBVA’s Romanian Garanti Unit for €591 Million

Raiffeisen Bank International AG is buying BBVA’s Romanian Garanti unit for €591 million ($680 million) as it refocuses ...
Romania Insider

Raiffeisen confirms takeover of Garanti BBVA’s Romanian subsidiary

Austria's Raiffeisen Bank confirmed on March 28 that it would buy Garanti BBVA's ​Romanian business for EUR 591 million, its ‌first significant acquisition in recent years, according to Reuters. The ...
Seeking Alpha

Raiffeisen Bank International: Still A Buy, Although Russian Assets Should Be Considered Worthless

A Russian court order now prevents Raiffeisen Bank International from selling its Russian subsidiary. As per H1 2024, 30% of assets and 49% of earnings were in Russia. Unless other developments occur, ...