Garanti BBVA sells non-performing loan portfolios for TL 216 million
BBVA•Garanti BBVA sold four non-performing loan portfolios for TL 216 million. Gelecek Varlık Yönetimi bought three portfolios for a combined TL 160 million, and Birikim Varlık Yönetim bought the fourth for TL 56 million.
1. Portfolio sales
The four portfolios had combined principal and contractual interest of TL 2.05 billion. Gelecek Varlık Yönetimi paid TL 49 million, TL 49 million and TL 62 million for portfolios dated September 21, 22 and 23, 2026, respectively. Birikim Varlık Yönetim paid TL 56 million for a portfolio dated September 24.
