trending Market Intelligence /marketintelligence/en/news-insights/trending/3m11s6qp6lmB-PHc090JFg2 content esgSubNav
In This List

Garanti sells NPL portfolio for 9.0M lira


Latin American and Caribbean Market Considerations Blog Series: Focus on LGD


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Garanti sells NPL portfolio for 9.0M lira

Türkiye Garanti Bankasi AS said March 23 that it sold its nonperforming loan portfolio receivables arising from credit cards, general purpose loans, overdraft loans and expenses to Sümer Varlik Yönetim AS for just over 9.0 million Turkish lira.

The portfolio had a total principal amount of 109.8 million lira as of Feb. 19.

As of March 23, US$1 was equivalent to 3.63 Turkish lira.