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Turkey's Akbank sells 500 mln lira bad loan portfolio

ISTANBUL, Oct 1 (Reuters) - Turkish lender Akbank sold its non-performing loan portfolio worth 500 million lira ($280 million) to Girisim asset management for 95.1 million lira, the bank said on Monday.

It made the statement to the Istanbul Stock Exchange. ($1 = 1.7964 Turkish liras) (Writing by Ece Toksabay)

((ece.toksabay@thomsonreuters.com)(+90 212 3507052)(Reuters Messaging: ece.toksabay.reuters.com@reuters.net))

Keywords: TURKEY AKBANK/LOANS