trending Market Intelligence /marketintelligence/en/news-insights/trending/2Trb7sOgIca4stkRtZi6Uw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Türkiye Garanti Bankası off-loads NPL portfolio

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Türkiye Garanti Bankası off-loads NPL portfolio

Türkiye Garanti Bankası AŞ sold a nonperforming loan portfolio to Güven Varlık Yönetim AŞ for 17.6 million Turkish lira.

The portfolio comprised general purpose loans, receivables arising from credit cards, overdraft loans and expenses in the total principal amount of 337.2 million lira, along with accrued interest as of Nov. 20.

As of Dec. 24, US$1 was equivalent to 5.29 Turkish lira.