Announcement regarding non-performing loan portfolio receivables sale
Announcement regarding non-performing loan portfolio receivables sale
Our Bank has sold its non-performing loan portfolio receivables arising from credit cards, general purpose loans, overdraft loans and expenses in the total principal amount of 175,174,390.38-TL as of February 29, 2016, to Sümer Varlık Yönetim A.Ş. for a total consideration of TL 28,000,000.00; and non-performing portfolio commercial receivables arising from commercial loans, credit cards, cheque accounts, overdraft loans and expenses in the total principal amount of 158,740,833.91-TL as of March 4, 2016 to Turkasset Varlık Yönetim A.Ş. for a total consideration of TL 2,250,000.00. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.