Insolvent banks' assets sold for UAH 869 mln last week - Deposit Guarantee Fund

Insolvent banks' assets sold for UAH 869 mln last week - Deposit Guarantee Fund

Ukrinform
The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 868.92 million, the fund's press service reported.

“Last week (November 4 – November 8) the assets of 16 banks, which are in the management of the Fund, were sold for a total sum of UAH 868.92 million,” the report says.

In particular, UAH 860.01 million was received from the repayment of fund creditors' claims and UAH 8.58 million from the sale of main banks' assets. Also, UAH 0.23 million was obtained from the direct sale of banks’ property, UAH 0.01 million from the sale of coins and bank metals. Also, UAH 0.09 million 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 6.8 billion.

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