According to rumors circulating in the financial world in recent days, BBVA had given the impression that it would sell its shares in Garanti Bank. However, with the official statement made by Garanti BBVA, these claims were clearly refuted.
BBVA’s Plans to Acquire Banco Sabadell
According to the PDP statement, BBVA’s offer to acquire Banco Sabadell will be fully financed with BBVA shares. It was stated that the allegations that the shares in Garanti BBVA will be sold do not reflect the truth and are not based on any factual basis.
BBVA’s trust and commitment to Garanti BBVA was once again emphasized with this statement.