Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 110 mln

The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 110.05 million, the fund's press service reports.

“Last week assets of 20 banks, which are in the management of the fund, were sold for UAH 110.05 million,” reads a report.

In particular, UAH 34.36 million was received in repayment of the fund creditors' claims and UAH 75.46 million was obtained from the sale of main banks' assets (mostly immovable property worth UAH 73.34 million). Also, UAH 0.13 million was received from the direct sale of banks property, UAH 0.10 million - from the sale of other assets (coins, paintings etc).

iy