Raiffeisen Bank's Strategic Acquisition in Romania
Published on: March 28, 2026, 7:30 a.m. | Source: Devdiscourse
Raiffeisen Bank has announced its plan to acquire Garanti BBVA's Romanian business for 591 million euros, marking its first major acquisition in years. This strategic move comes amid ongoing pressure to exit the Russian market. The acquisition will elevate Raiffeisen to the third-largest bank by total assets in Romania.
