Deposit Guarantee Fund sold insolvent banks' assets worth UAH 184.6M

Deposit Guarantee Fund sold insolvent banks' assets worth UAH 184.6M

Ukrinform
The Deposit Guarantee Fund sold insolvent banks' assets worth UAH 184.56 million last week, the fund's press service reported.

“Last week (July 6-10) the assets of seven banks, which are in the management of the Fund, were sold for a total sum of UAH 184.56 million,” reads the report.

In particular, UAH 146.49 million was received from the repayment of fund creditors' claims and UAH 38.03 million was obtained from the sale of main banks' assets. In addition, the sale of direct banks’ property brought UAH 0.04 million.

As reported by Ukrinform, the Deposit Guarantee Fund announced last week it expected to receive UAH 2.053 billion from the sale of insolvent banks’ assets.

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