Deposit Guarantee Fund last week sold assets of 33 insolvent banks

The Deposit Guarantee Fund last week sold assets of 33 insolvent banks, the fund’s press service reports.

“Last week the general sum from the sale of assets of 33 bankrupt banks totaled UAH 411.14 million. In particular, a successful auction was held on July 18, during which the lot was sold at a record price of UAH 243.67 million,” reads a report.

According to the Deposit Guarantee Fund, UAH 382.02 million was received in repayment of the fund creditors' claims, UAH 27.59 million from the sale of main banks’ assets, and UAH 1.54 million from the sale of property of insolvent banks.

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