RBI: Closing of Garanti BBVA Group Romania acquisition

Raiffeisen Bank International AG (RBI) announces that its Romanian subsidiary Raiffeisen Bank S.A. has completed the acquisition of 100 per cent of the shares in Garanti BBVA Group Romania (Garanti Bank S.A. and leasing company Motoractive IFN S.A.) from subsidiaries of Banco Bilbao Vizcaya Argentaria S.A. (BBVA). This acquisition has an impact of c. 60 basis points on the CET1 ratio of the RBI Group excluding Russia booked in the fourth quarter 2026. Garanti BBVA Group Romania will be consolidated into RBI’s balance sheet as of 2 November 2026.

With this transaction, Raiffeisen Bank S.A. is expected to become the third-largest bank in Romania by total assets (based on H1/2025 market shares) servicing approximately 2.6 million customers.

“The acquisition of Garanti BBVA Group Romania reflects our strong and long-term commitment to Romania, one of our key markets. We are opening a new chapter in our Romanian success story. We will become the country’s third-largest bank and create an even stronger platform for serving our customers and supporting Romania’s continued growth,” commented RBI-CEO Michael Höllerer.