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    Raiffeisen nears $640 million deal for BBVA's Romania unit, Bloomberg News reports

    Picture of Banco Bilbao Vizcaya Argentaria SA logoBanco Bilbao Vizcaya Argentaria SA
    10/03/2026 09:56
    March 10 (Reuters) - Austria's Raiffeisen Bank RBIV.VI is closing in on a deal to buy BBVA's BBVA.MC Romanian Garanti for about 550 million euros ($640.97 million), Bloomberg News reported on Tuesday citing people familiar with the matter.

Reuters could not immediately verify the report. BBVA and Raiffeisen declined to comment.

($1 = 0.8581 euros)

 (Reporting by Anusha Shah in Bengaluru; Editing by Krishna Chandra Eluri)

 ((AnushaDevang.Shah@thomsonreuters.com;))

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