Deposit Guarantee Fund planning to sell insolvent banks’ assets worth UAH 4B this week

Deposit Guarantee Fund planning to sell insolvent banks’ assets worth UAH 4B this week

Ukrinform
The Deposit Guarantee Fund of Ukraine intends to sell assets of insolvent banks for a total sum of UAH 4.08 billion this week, the fund's press service reports.

“The sale of assets of nine insolvent banks for a total sum of UAH 4,081.30 million is scheduled for the current week (September 27 – October 1, 2021),” reads the report.

In particular, loans receivable will be put up for sale for UAH 3,995.52 million; immovable property, land plots and other fixed assets of banks – for UAH 67.43 million; accounts receivable owned to banks - for UAH 18.35 million.

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