Yapı Kredi sold his bad loans for Lire 564.8 million to asset management companies for Lire 113 million.
According to the bank’s statement to the public disclosure platform on Wednesday evening, the bad loans were sold to Buyruk Varlık Yönetim, Stabilizing Varlık Yönetim, Efes Varlık Varlık.
DISCOUNT MAY BE APPLIED TO DEBTS
The asset management company, which conveniently buys loans after their sale after the banks disappear, proposes an appropriate structuring model by contacting the counterparties of the loans.
Many offers and flexibility can be easily provided by wealth management companies, such as debt write-downs, long-term payment plans, and debt deferral, which banks cannot offer as part of a recovery.
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