This week the DGF has put up for auction the assets of bankrupt banks totalling 3.2 billion UAH

This week the DGF has put up for auction the assets of bankrupt banks totalling 3.2 billion UAH

Over the course of this week, the fund plans to sell assets from 10 banks

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This week the DGF has put up for auction the assets of bankrupt banks totalling 3.2 billion UAH

The sale of assets from 10 banks, being liquidated by the Deposit Guarantee Fund, is planned for this week. The initial sale price of all lots is 3,154.6 million UAH.

This is reported by the Deposit Guarantee Fund (DGF).

Of these, claims for loans totalling 2,702.0 million UAH are up for sale, and real estate objects, land parcels and other fixed assets are valued at 385.1 million UAH. Additionally, banks' receivable debts are on sale for 11.9 million UAH, and securities will be traded starting at 55.6 million UAH.

Thus, throughout the week, the sale of assets from the following banks is planned:

  • JSC Megabank – for a total amount of 2,091.4 million UAH;
  • JSC MR Bank – for a total amount of 531.5 million UAH;
  • JSC Bank Sich – for a total amount of 348.8 million UAH;
  • PJSC Prominvestbank – for a total amount of 56.1 million UAH;
  • PJSC Fidobank – starting at a price of 55.0 million UAH;
  • JSC CB Zemelnyi Capital – for a total amount of 33.4 million UAH;
  • PJSC Zlatobank – for a total amount of 32.0 million UAH;
  • PJSC Bank Arkada – for a total amount of 5.8 million UAH;
  • PJSC Bank Capital – for a total amount of 0.5 million UAH;
  • JSC Misto Bank – starting at a price of 0.3 million UAH.

The fund reports that the funds obtained from the sale of assets are directed to settle with the banks' creditors.

Background. Mind previously reported that the Deposit Guarantee Fund has put up for re-auction a loan secured by a poultry factory for 59.2 million UAH.

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