Deposit Guarantee Fund this week intends to sell insolvent banks’ assets worth almost UAH 14.7 bln

Deposit Guarantee Fund this week intends to sell insolvent banks’ assets worth almost UAH 14.7 bln

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Ukrinform
The Ukrainian Deposit Guarantee Fund this week intends to sell assets of 56 insolvent banks for the sum of UAH 14.7 billion, the fund’s press service reports.

“The assets of 56 insolvent banks for the sum of UAH 14,702.61 million will be put up for sale this week,” reads the report.

According to the Deposit Guarantee Fund, it is expected to recover UAH 13, 022.44 million from the sale of loan receivables, UAH 1, 096.61 million from the sale of fixed assets of insolvent banks.

In addition, assets of the group “securities, corporate rights” were put up for sale for UAH 582.69 million.

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