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Turkiye Garanti Bankasi A.S.: Regarding the Sale of Non-Performing Loans Portfolio


Turkiye Garanti Bankasi A.S. (TGBD)
Turkiye Garanti Bankasi A.S.: Regarding the Sale of Non-Performing Loans Portfolio

28-March-2024 / 10:24 GMT/BST


TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Regarding the Sale of Non-Performing Loans Portfolio


DATE: March 26, 2024

 

 

 

Our Bank has sold its non-performing loan portfolio receivables in the amount of TL. 1.147.910.095,73 which is the sum of principal amount and accrued contractual interests arising from credit cards, general purpose loans, commercial loans, cheque accounts, overdraft loans and all other related receivables and expenses together with their accrued interests as of January 29, 2024 and February 12, 2024 in  two separate portfolios to Dünya Varlık Yönetim A.Ş. for a total consideration of TL 525.800.000,00.

  

 *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 2352

Fax: +90 212 216 5902
E-mail: [email protected]
www.garantibbvainvestorrelations.com

 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: US9001487019
Category Code: MSCL
TIDM: TGBD
LEI Code: 5493002XSS7K7RHN1V37
Sequence No.: 312663
EQS News ID: 1869995

 
End of Announcement EQS News Service

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