Yapi Ve Kredi Bankasi AS has sold its non-performing loan (NPL) portfolio to Guven Varlik Yonetim AS in a deal worth $148 million.
The NPL portfolio consists mainly of credit cards and personal loans. The sale is part of UniCredit Group’s desire to reduce non-performing exposure (NPE). The deal does not affect UniCredit Group’s NPE ratio.
Yapi Kredi is mostly owned by Koc Finansal Hizmetler AS, of which UniCredit Group owns half.
KLM Royal Dutch Airlines has added a daily morning flight between Ljubljana and Amsterdam alongside its existing service. The move aims to improve connectivity through Schiphol Airport while offering greater flexibility for travelers.
INA has issued a warning about a fake giveaway promising free fuel vouchers on social media. The company says it is not connected with these promotions and urges citizens to report suspicious activity. Only information from INA’s official website or verified social media accounts should be trusted.
Students from UNWE visited the Bulgarian Stock Exchange for an educational event led by CEO Manyu Moravenov. The session provided insights into capital markets operations underlining BSE’s role in Bulgaria’s economy.
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