Ukraine

Guarantee Fund puts up for sale assets of 11 banks worth almost UAH 3 billion

The Individual Deposit Guarantee Fund is putting up for sale the assets of eleven banks that are in the process of liquidation, with a total value of 2.78 billion hryvnias. About this reported Fondu press office.

Auctions will be held during the week (from October 21 to 25) through the Prozorro.Sales system. It is noted that the main part of the assets are claims on loans in the amount of 2.69 billion hryvnias. In addition, real estate objects, land plots and other assets will be put up for sale for 85 million hryvnias. Receivables are estimated at 3 million hryvnias, and securities at 32.2 thousand hryvnias.

The largest part of assets was issued from Bank “Finance and Credit” JSC, in particular, claims on loans for a total amount of 2.37 billion hryvnias.

It should be noted that as of September 1, 2024, the total amount of deposits of individuals, including FOP, in Ukrainian banks amounted to 1.3 trillion hryvnias, which is 12.5 billion more compared to the previous month.

 

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