Turkiye Garanti Bankasi A.S.: With regard to sale and transfer of non performing loans portfolio
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Turkiye Garanti Bankasi A.S. (TGBD)
TO: Investment CommunityFROM : Garanti BBVA / Investor RelationsSUBJECT: With regard to sale and transfer of non performing loans portfolio
DATE: November 10, 2019
Our Bank has sold its non-performing loan portfolio receivables arising from credit cards, general purpose loans, overdraft loans, commercial loans and expenses in the total principal amount of 323.292.220,41-TL for a total consideration of TL 25.112.000,00-TL to Gelecek Varlık Yönetim A.Ş.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail. We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
Yours sincerely,
Garanti BBVA Contact Garanti BBVA Investor Relations: Tel: +90 212 318 2352Fax: +90 212 216 5902E-mail: [email protected]www.garantibbvainvestorrelations.com
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| ISIN: | US9001487019 |
| Category Code: | MSCL |
| TIDM: | TGBD |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 34717 |
| EQS News ID: | 933491 |
| End of Announcement | EQS News Service |
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