Garanti BBVA sells non-performing loan portfolio for TL 38 million

Investing.comMonday, October 20, 2025 at 3:30:55 PM
Garanti BBVA sells non-performing loan portfolio for TL 38 million
Garanti BBVA has successfully sold a non-performing loan portfolio for TL 38 million, marking a significant step in improving its financial health. This move not only helps the bank reduce its bad debt but also strengthens investor confidence in the Turkish financial sector. Such transactions are crucial as they reflect the bank's proactive approach to managing its assets and enhancing overall stability in the market.
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