REG-Turkiye Garanti Bankasi A.S. Turkiye Garanti Bankasi A.S.: Regarding the Sale of Non-Performing Loans Portfolio

Turkiye Garanti Bankasi ASAnnouncement

13/12/2022 09:45

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   Turkiye Garanti Bankasi A.S. (TGBD)
   Turkiye Garanti Bankasi A.S.: Regarding the Sale of Non-Performing Loans
   Portfolio

   13-Dec-2022 / 09:39 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TO: Investment Community

         FROM : Garanti BBVA / Investor Relations

   SUBJECT: Regarding the Sale of Non-Performing Loans Portfolio

    

   DATE: December 12, 2022

    

    

   Our Bank has  sold its non-performing  loan portfolio receivables  arising
   from  credit  cards,  general  purpose  loans,  commercial  loans,  cheque
   accounts, overdraft loans and all  other related receivables and  expenses
   together with the interest amount ;

   in the total principal amount of 516.167.413,02 -TL - as of October 11 and
   12, 2022, to Gelecek Varlık Yönetim  A.Ş. for a total consideration of  TL
   142.850.000,00 -TL

   in the total principal amount of 174.362.100,49 -TL as of October 13, 2022
   to Dünya Varlık Yönetim A.Ş. for a total consideration of TL 21.151.000,00
   -TL. 

    

   *In contradiction between the Turkish and English versions of this  public
   disclosure, the Turkish version shall prevail.

    

   We declare that our above statements are in conformity with the principles
   included in the  Board’s Communiqué,  Serial II Nr.15.1,  that it  exactly
   reflects the information we received;  that the information complies  with
   our records,  books and  documents; that  we did  our best  to obtain  the
   correct and complete information relative to this subject and that we  are
   responsible for the declarations made in this regard.

    

   Yours sincerely,

   Garanti BBVA

          1 www.garantibbvainvestorrelations.com

   Tel: +90 212 318 2352

         E-mail:  2 investorrelations@garantibbva.com.tr

    

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   ISIN:          US9001487019
   Category Code: MSCL
   TIDM:          TGBD
   LEI Code:      5493002XSS7K7RHN1V37
   Sequence No.:  208278
   EQS News ID:   1511737


    
   End of Announcement EQS News Service

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    3 fncls.ssp?fn=show_t_gif&application_id=1511737&application_name=news&site_id=reuters9

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=19979b7bae6aeeb49d76141fbe11774c&application_id=1511737&site_id=reuters9&application_name=news
   2. mailto:investorrelations@garantibbva.com.tr


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