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BDDK approves acquisition of Garanti Bank stakes by BBVA

Istanbul, July 16 () – The BDDK (Banking Regulation and Supervision Agency) approved the acquisition of an additional 14.89 percent stake in Turkey’s Garanti Bank by the BBVA (Banca Bilbao Vizcaya Argentaria).   In a statement to the Public...

BDDK approves acquisition of Garanti Bank stakes by BBVA

Istanbul, July 16 () – The BDDK (Banking Regulation and Supervision Agency) approved the acquisition of an additional 14.89 percent stake in Turkey’s Garanti Bank by the BBVA (Banca Bilbao Vizcaya Argentaria).   In a statement to the Public...

16 Temmuz 2015 Perşembe 10:54
BDDK approves acquisition of Garanti Bank stakes by BBVA
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Istanbul, July 16 () – The BDDK (Banking Regulation and Supervision Agency) approved the acquisition of an additional 14.89 percent stake in Turkey’s Garanti Bank by the BBVA (Banca Bilbao Vizcaya Argentaria).
 
In a statement to the Public Disclosure Platform, “We were acquainted by the BDDK with a statement that the acquisition had been approved” said the Garanti Bank.
 
According to the statement, the procedures for the regulatory approvals in and out are still pending.

 

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