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

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.
— Curated by the World Pulse Now AI Editorial System