Statement from Garanti BBVA Regarding “For Sale” Claims

Yesterday, Turkey’s second largest private bank, Garanti BBVA A surprising news emerged about him. Allegedly, BBVA was going to sell its shares in Garanti Bank. Today, a statement was made by Garanti BBVA regarding the issue and the allegations were flatly denied.

We are presenting to the public the statement made by BBVA regarding the news appearing on some news sites today that BBVA will sell its subsidiary Garanti BBVA.

“BBVA’s offer to take over Banco Sabadell is planned to be financed entirely with BBVA shares. All the news about the sale of shares in Garanti BBVA to finance the offer are unfounded and have no basis. BBVA’s trust in Garanti BBVA and his commitment is complete.”

Regards,


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