Reuters logo
Turkey's Akbank sells 500 mln lira bad loan portfolio
October 1, 2012 / 2:30 PM / 5 years ago

Turkey's Akbank sells 500 mln lira bad loan portfolio

ISTANBUL, Oct 1 (Reuters) - Turkish lender Akbank sold its non-performing loan portfolio worth 500 million lira ($280 million) to Girisim asset management for 95.1 million lira, the bank said on Monday.

It made the statement to the Istanbul Stock Exchange.

$1 = 1.7964 Turkish liras Writing by Ece Toksabay

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below