on Turkiye Garanti Bankasi A.S. (isin : US9001487019)
Turkiye Garanti Bankasi A.S. Announces Sale of Non-Performing Loans Portfolio
Turkiye Garanti Bankasi A.S. (TGBD) has confirmed the sale of its non-performing loan portfolio. This includes receivables from various credit lines such as credit cards, general purpose loans, cheque accounts, commercial loans, overdraft loans, and associated interests and expenses.
The total principal and contractual interest of TL 2,298,381,792.15, dated between April 15 and April 24, 2024, was sold to Ortak Varlık Yönetim A.Ş., Emir Varlık Yönetim A.Ş., Gelecek Varlık Yönetim A.Ş., and Dünya Varlık Yönetim A.Ş.
The sale divided into eight separate portfolios, amounted to a total consideration of TL 897.600.000,00.
This transaction aligns with regulatory disclosures and reflects information accurate to the bank's records. The Turkish version of the disclosure prevails in case of contradiction between language versions.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Turkiye Garanti Bankasi A.S. news