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Funds from “daughters” of Russian banks: 5 billion for defense and reconstruction

The Individual Deposit Guarantee Fund (FGVFO) successfully sold assets of former “subsidiaries” of Russian banks for the amount of 5 billion hryvnias through online auctions in the state electronic trading system “Prozorro.Prodazhi”.

This is reported Ministry of Economy.

These are the assets of JSC “MR Bank” (formerly “Sberbank”) and PJSC “Prominvestbank”, which were withdrawn from the Ukrainian market at the beginning of a full-scale war in February 2022.

All assets of the aggressor country on the territory of Ukraine will be converted into funds and directed to our defense, economy and future victory. One of the types of such assets is the property of former “daughters” of Russian banks,” said the First Deputy Prime Minister of Ukraine – Minister of Economy Yulia Svyridenko.

According to her, as of the end of March 2024, Ukrainian business has already purchased almost 400 assets of these banks through online auctions of “Prozorro.Prodazhi”.

Among the sold assets are residential buildings and apartments, bank buildings, polyclinics, administrative premises, land plots, office equipment, cars, as well as property rights and claims under credit agreements.

As of the end of April 2024, the FGVFO put up for auction more than a dozen assets of subsidiary structures of Russian banks for almost 165 million hryvnias, which can be purchased by registering on one of the accredited platforms., the message says.

 

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