Yesterday, Turkey’s second largest private bank, Warranty BBVA Some surprising news emerged about him. BBVA is reported to be selling its shares in Garanti Bank. Today a statement was made by Garanti BBVA on the matter and the allegations were denied outright.
The KAP statement shared on this topic reads:
We present to the public BBVA’s statement regarding the news appearing today on some news sites that BBVA will sell its subsidiary Garanti BBVA.
It is intended that BBVA’s bid to acquire Banco Sabadell will be financed entirely with BBVA shares. All news about the sale of shares in Garanti BBVA to finance the offer is unfounded and has no basis. BBVA’s confidence in Garanti BBVA and its commitment is complete.”
Regards,
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