[Opinion] Green Light From BNR. Raiffeisen Takes Official Bank Guarantees for 590 Million Euros
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Next week will sign the closing of the transaction by which Raiffeisen Bank takes over BBVA Romania guarantees and will pay the money, according to some...
The National Bank of Romania has officially approved the transaction whereby Raiffeisen Bank takes over Garanti Bank Romania, following the favourable opinion of the Competition Council. The payment for shares will be made at the beginning of next week, and the full integration of the operations of the two banks will be completed in August 2027.
The takeover of Garanti Bank has received the approval of BNR. Customers do not have to make changes now; the purchase and joining of banks are different stages.
The transaction by which Raiffeisen Bank takes over Garanti Bank Romania received a green light from the Romanian National Bank, and at the beginning of next week the payment for the transfer of shares is to be made, according to profit.ro information.
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