Non-Performing Loan Portfolio Sale
On 24 April 2017, Yapı Kredi’s Board of Directors resolved to sell a fully provisioned non-performing loan (NPL) portfolio of retail loans amounting to TL 316 million for a total consideration of TL 17.7 million to Güven Varlık Yönetim A.Ş. The proceeds will have a positive pre-tax P&L impact of TL 17.7 million which will be reflected in Yapı Kredi’s 2Q17 financials after the transaction is finalised.
Istanbul, 24 April 2017
Enquiries: Yapı Kredi Investor Relations
Tel: (90) (212) 339 6770
Email: yapikredi_investorrelations@yapikredi.com.tr
Yapı Kredi / 24 Apr 2017