Turkiye Garanti Bankasi A.S. Sells Non-Performing Loans Portfolio

Turkiye Garanti Bankasi A.S. has announced the sale of a non-performing loans portfolio. Originally planned for transfer to Birikim Varlık Yönetim A.Ş. for TRY 56 million, the portfolio will instead go to Gelecek Varlık Yönetimi A.Ş. for TRY 54 million. The portfolio, as of September 24, 2026, includes various loan types with a total value of TRY 548.98 million. The decision aligns with the bank's strategic financial management plans.

The transaction is documented as per the bank’s Material Event Disclosure from October 19, 2026. The sale process reflects compliance with regulatory requirements and is intended to streamline the bank's financial obligations related to non-performing assets.