on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi Sells Non-Performing Loan Portfolios
Turkiye Garanti Bankasi A.S. (TGBD) announced the sale of its non-performing loan portfolios for a combined total of TL 272 million. The loans, which include receivables from various sources such as credit cards and commercial loans, were sold in three separate portfolios. The transactions involved, include:
- A portfolio amounting to TL 544.1 million as of October 20, 2025, sold to Ortak Varlık Yönetim A.Ş. for TL 91 million.
- A portfolio amounting to TL 545.1 million as of October 21, 2025, sold to Gelecek Varlık Yönetimi A.Ş. for TL 91 million.
- A portfolio amounting to TL 546.7 million as of October 22, 2025, sold to Dünya Varlık Yönetim A.Ş. for TL 90 million.
This move is part of the bank's strategy to manage its non-performing assets effectively. These sales align with the company's commitment to maintain transparency and accuracy in financial disclosures.
R. H.
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