During the sale of non-performing loans conducted on February 21st, 2025, by Fibabanka A.Ş., GSD Varlık Yönetim A.Ş., a wholly-owned subsidiary of our company, successfully won the tender by submitting the highest bid for commercial portfolios put up for sale, with a total principal amount of 162.5 million TL. A total of 14 asset management companies participated in this tender.
It is important to note that the completion of the tender process is subject to approval by the bank`s Board of Directors. Once this approval is obtained, subsequent phases, including contract execution and the transfer of the receivables associated with the sale process, will commence accordingly.
We inform the public of this information.
This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.