Deposit Guarantee Fund: UAH 269.4M transferred to insolvent banks’ accounts in Oct
Ukrinform
In October 2021, inflows of funds to banks being under liquidation amounted to UAH 269.4 million, of which UAH 145.4 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine.
The largest revenues from the sale of assets came to the accounts of: JSC Rodovid Bank – UAH 45.7 million, JSC JSB Arcada – UAH 36.0 million, JSC Misto Bank – UAH 33.3 million, PJSC Zlatobank – UAH 14.7 million, JSC VTB Bank – 10.5 million.
Another UAH 107.0 million came from the redemption of securities, UAH 16.2 million was received from loan repayments. Banks managed by the Fund got UAH 0.8 million from property lease.
Overall, in January-October 2021, inflows of funds to insolvent banks reached UAH 2,281.1 million, including UAH 1,919.8 million from the sale of property, UAH 178.3 million from the repayment of loans, and UAH 171.9 million from the redemption of securities, and UAH 11.2 million from property lease.
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