Deposit Guarantee Fund sold insolvent banks’ assets worth UAH 410 mln last week

Deposit Guarantee Fund sold insolvent banks’ assets worth UAH 410 mln last week

Ukrinform
The Deposit Guarantee Fund last week sold insolvent banks' assets worth UAH 410 million, the fund's press service reported.

“Last week (May 18-22) the assets of eight banks, which are in the management of the Fund, were sold for a total sum of UAH 410.01 million,” reads the report.

In particular, UAH 205.20 million was received from the repayment of fund creditors' claims and UAH 204.81 million was obtained from the sale of main banks' assets.

The Fund sold the assets of JSC IMEXBANK for UAH 193.78 million, the assets of PJSC CB Nadra for UAH 189.71 million, the assets of JSC VTB Bank for UAH 10.88 million, and the assets of JSC Delta Bank for UAH 8.44 million, etc.

As Ukrinform reported, the Deposit Guarantee Fund last week planned to sell insolvent banks' assets for a total sum of UAH 3.55 billion.

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