Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 70.6 mln

The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 70.60 million, the fund's press service reported.

“Last week (October 15 - October 18) the assets of 16 banks, which are in the management of the Fund, were sold for UAH 70.60 million,” the report says.

In particular, UAH 48.98 million was received from the repayment of fund creditors' claims and UAH 20.76 million from the sale of main banks' assets. Also, UAH 0.10 million was obtained from the direct sale of banks’ property, UAH 0.76 million from the sale of coins and bank metals.

As Ukrinform reported, the Deposit Guarantee Fund last week planned to sell insolvent banks' assets for a total sum of UAH 2.337 billion.

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