Garanti BBVA sells non-performing loan portfolio to Gelecek Varlık Yönetimi for TRY 54 million
BBVA•Garanti BBVA decided on October 23, 2026, to sell a non-performing loan portfolio 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.
1. Portfolio sale
Garanti BBVA decided on October 23, 2026, to sell the portfolio to Gelecek Varlık Yönetimi for TRY 54 million. The portfolio’s principal and contractual interest balance was 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.
