Sumer Varlik Yonetim A.S.
BBIST:SMRVA4.86
TRY
-0.37
(-7.07%)
ISIN
TRESUVY00013
Return %
Stock
S&P 500
1Y
-93.14
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
TRY
•
in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
•
in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- CEO
- Mehmet Sen
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Istanbul Turkey
- IPO Date
- Dec 9, 2024
- Website
- sumervarlik.com.tr
- Similar Companies
- Business
- Sumer Varlik Yonetim Anonim Sirketi is a Turkey-based asset management company primarily engaged in the acquisition, management, restructuring, and collection of non-performing loans and distressed receivables from financial institutions. Founded in 2015 and headquartered in Istanbul, Turkey, the company operates as a subsidiary of ASV Holding Anonim Sirketi under the regulatory supervision of the Banking Regulation and Supervision Agency. The company provides specialized financial recovery and distressed asset solutions across individual, small and medium enterprise, commercial, and corporate debtor segments. Its core service offerings include non-performing loan portfolio acquisitions through competitive tenders and bilateral transfers from commercial banks, participation banks, leasing companies, and factoring firms; amicable and legal debt collection services utilizing dedicated multi-channel contact centers, field collection teams, and specialized legal recovery networks; debt restructuring and settlement solutions encompassing payment rescheduling, structured installment plans, and discount mechanisms tailored to rehabilitate delinquent borrowers; collateral and distressed asset liquidation, including the acquisition, management, leasing, and monetization of underlying real estate and movable collaterals; and portfolio valuation, management advisory, and financial consultancy services for institutional credit holders. In recent developments, the company completed its initial public offering on Borsa Istanbul under the ticker symbol SMRVA, expanding its capital base and public float. The company has actively expanded its assets under management through major non-performing loan portfolio acquisitions from institutions such as T.O.M. Katilim Bankasi and Orfin Finansman, while diversifying its funding sources through the regular issuance of corporate bonds and financing bills in the domestic debt capital markets and executing internal bonus share capital increases.