Page 26 - TURKRptApr21

Date
Sold
Stake
Price
Buyer
Seller
Mar-21
Homes, cars
-
-
-
14% of business owners
Feb-21
Aydem (Bereket) Enerji
-
-
IPO application
Bereket Holding
Feb-21
Private schools
on sale
-
-
-
Jan-21
30 shopping malls
claim
claim
banks
fire sale/execution
Jan-21
Unnamed electricity grid
-
rumour
Actis/UK
-
Jan-21
Marmara Forum shopping mall
claim
claim
Akbank
Multi/Netherlands
Jan-21
2,000 hotels
on sale
-
-
-
Dec-20
Palladium Atasehir
full
-
Akbank
Tahincioglu
Nov-20
Istinye Park
30%
$300mn
Qatar sovereign fund
Dogus Holding
Oct-20
Antalya Port
full
$140mn
Qatar
Global Ports
Jul-20
Dogus Marina
100%
-
CVC/Luxemburg
Dogus Holding
Apr-18
D.ream
17%
$200mn
Temasek/Singapore
Dogus Holding
Major NPL sales by Turkish lenders
Seller
TRYmn
Price
Recovery
Buyers
Mar-21
Isbank (ISCTR)
745
72
10%
Emir, Istanbul, Gelecek, Hedef, Arsan
Dec-19
ICBC
18
-
-
Emir
Dec-19
Seker
150
-
-
Sumer
Dec-19
Akbank
715
33
5%
Istanbul, Gelecek
Dec-19
Garanti
323
25
8%
Efes, Gelecek
Oct-19
Deniz
205
-
-
Hedef, Emir
Sep-19
Isbank
1097
32
3%
Efes, Hayat, Birikim, Dogru
Jul-19
Garanti
260
19
7%
Gelecek
Jun-19
Yapi Kredi
917
26
3%
Arsan, Dogru, Efes, Emir, Gelecek, Hayat, Sumer
Jun-19
Seker
203
-
-
-
May-19
Yapi Kredi
298
23
8%
Hayat, Arsan
May-19
Isbank
418
30
7%
Efes, Gelecek
Apr-19
Garanti
365
19
5%
Sumer
Apr-19
Yapi Kredi
529
16
3%
Gelecek, Hayat
Mar-19
Yapi Kredi
396
24
6%
Efes, Gelecek
6.1.4 Banks news
Turkish Islamic banks' market share rose to 7.2% of total banking sector assets at end-2020 from 6.3% at end-2019. The combined assets of the six Islamic banks—namely, Kuveyt Turk, Albaraka Turk, Turkiye Finans, Ziraat Katilim, Vakif Katilim and Emlak Katilim—stood at TRY437bn ($59bn) in 2020.
26 TURKEY Country Report April 2021 www.intellinews.com