Deposit Guarantee Fund accumulates almost UAH 15.8B

The Deposit Guarantee Fund of Ukraine accumulated UAH 15.77 billion as of November 1, 2020, the Fund’s press service reported.

"The total amount of funds accumulated by the Fund totaled UAH 15,777.1 million as of November 1, 2020. Revenues from regular fees transferred to the Fund in January-October 2020 reached UAH 4,065.6 million," reads the report.

In October 2020, depositors of insolvent banks received UAH 155.5 million within the guaranteed refund program. In January-October 2020, UAH 347.0 million was repaid to depositors.

As of November 1, 2020, the register of Fund’s participants included 73 banks.

As of November 1, 2020, the total sum of guaranteed refunds paid to the depositors of insolvent banks, transferred to the management of the Fund, made up UAH 90.08 billion.

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