Deposit Guarantee Fund selling banks’ assets worth UAH 4.7B

Deposit Guarantee Fund selling banks’ assets worth UAH 4.7B

Ukrinform
The Deposit Guarantee Fund of Ukraine has put up for sale the assets of insolvent banks for a total sum of UAH 4.7 billion.

That’s according to the press service of the Deposit Guarantee Fund, Ukrinform reports.

"This week (January 22-26), the assets of ten banks being liquidated by the Deposit Guarantee Fund will be sold via Prozorro.Sale. The initial sale price of all lots is UAH 4,666.3 million," the statement says.

Read also: Businesses receive affordable loans worth UAH 4.3B since year-start

Of this amount, rights to claims on loans are put up for sale for UAH 4,318.3 million, immovable property, land plots and other fixed assets of banks - for UAH 343.7 million. In addition, accounts receivable to banks are put up for sale for UAH 4.3 million.

As reported, banks managed by the Deposit Guarantee Fund received UAH 7.175 billion in 2023.

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