Turkey's Finansbank sells 349 mln lira (118 mln euro) in NPLs for 64 mln lira

The bank said in a bourse filing on Tuesday that it had sold 109.4 million lira worth of loans to Girisim Varlik Yonetim for 20.8 million lira, 109.5 million lira of NPLs to Turkasset Varlik Yonetim for 19.2 million lira, 109.3 million lira in NPLs to Turkasset Varlik Yonetim for 21.8 million lira, and 21.4 million lira in NPLs to Final Varlik Yonetim for 2.2 million lira.

Finansbank is a subsidiary of the National Bank of Greece.

(1 euro = 2.9535 Turkish lira)