Deposit Guarantee Fund last week sold insolvent banks' assets worth over UAH 167 mln

The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 167.42 million, the fund's press service reported.

“Last week (August 12-16) the assets of 19 banks, which are in the management of the Fund, were sold for UAH 167.42 million,” the report says.

In particular, UAH 124.20 million was received from the repayment of fund creditors' claims and UAH 41.83 million from the sale of main banks' assets. Also, UAH 14.38 thousand was obtained from the direct sale of banks’ property, UAH 1.02 million from the sale of accounts receivables and UAH 0.49 thousand from the sale of securities, corporate rights, and UAH 286,520 from the sale of coins, bank metals. In addition, UAH 73,630 was received from the sale of other assets.

As Ukrinform reported, the Deposit Guarantee Fund last week planned to sell insolvent banks' assets for a total sum of UAH 3.98 billion.

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