BBVA has restated its commitment to ensuring access to banking services as it seeks to address concerns from authorities regarding its proposed acquisition of Banco Sabadell SA.

The Spanish antitrust authority, CNMC, has extended its review of the transaction, which may impact BBVA's chances of approval. The CNMC is particularly concerned about potential effects on financial conditions for small and mid-sized enterprises, which raises questions about the competitive landscape if the merger goes ahead.

BBVA's assurances aim to tackle these regulatory challenges and demonstrate its dedication to maintaining market access for all customers.