BBVA completes acquisition of additional stake in Garanti
BBVA has now completed the acquisition of an additional 14.89% stake in Garanti Bank, bringing its total stake to 39.9%; with the completion of the transaction, BBVA has become the leading shareholder in Garanti Bank. Garanti is reportedly seen to have gained an edge in the Turkish market, due to its investment in technology and digital banking solutions, that have been made available to its customers. BBVA is one of Europe's leading banks in technology and digital integration and this is likely a motivation for the enhanced connection between the two.&nbsp;
BBVA has invested 20 million dollars in Just Climate’s Climate Assets Fund I (“CAF I”) whose objective is to invest in the highest impact solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial returns.