Deposit Guarantee Fund sold insolvent banks’ assets worth almost UAH 59 mln

The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 58.97 million, the fund's press service reported.

“Last week (May 4-8) the assets of 8 insolvent banks, which are in the management of the Fund, were sold for a total sum of UAH 58.97 million,” reads the report.

In particular, UAH 34.94 million was received from the repayment of fund creditors' claims and UAH 24.00 million was obtained from the sale of main banks' assets. In addition, UAH 0.03 million was received from the direct sale of banks’ property.

As Ukrinform reported, the Deposit Guarantee Fund last week planned to sell insolvent banks' assets for a total sum of UAH 8.88 billion.

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