Garanti BBVA sells non-performing loan portfolio to Gelecek Varlık Yönetimi for TRY 54 million

Bitget2026/11/02 07:43

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Garanti BBVA decided on October 23, 2026, to sell non-performing loans to Gelecek Varlık Yönetimi for TRY 54 million.
The portfolio had a principal and contractual interest balance of TRY 548.98 million as of September 24, 2026.
The sale replaces a planned transfer to Birikim Varlık Yönetim for TRY 56 million, disclosed on October 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turkiye Garanti Bankasi AS published the original content used to generate this news brief via EQS News (Ref. ID: UK-Regulatory_2426124_en) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Garanti BBVA sells non-performing loan portfolio to Gelecek Varlık Yönetimi for TRY 54 million

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