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

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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