Over the first half of 2023, over 3.8 billion UAH was received by banks managed by the DGF

Over the first half of 2023, the amount of funds received by banks under the management of the Deposit Guarantee Fund (DGF) amounted to 3,837.2 million UAH, including 3,026.1 million UAH from property sales, 437.9 million UAH from loan repayments, 76.8 million UAH from property rentals, 36.8 million UAH from security redemptions, and 259.7 million UAH from other sources (correspondent accounts, enforcement proceedings, etc.).

This information is provided by the DGF.

Specifically, in June 2023, the funds received by banks under the management of the Fund amounted to 595.2 million UAH. The most significant funds came from property sales – 467.9 million UAH, particularly:

• 200.8 million UAH of which was received from the sale of assets of JSC IR BANK;
• 164.5 million UAH – JSC Prominvestbank;
• 55.7 million UAH – JSCB Arkada;
• 42.9 million UAH – JSC Megabank;
• 2.6 million UAH – JSC Bank Sich.

The Fund notes, "We remind you that the funds received from the management and sale of assets (property) of insolvent banks managed by the Fund are used to satisfy the claims of their creditors in the order established by Article 52 of the Law of Ukraine On the System of Guaranteeing Deposits of Individuals."

Background. Earlier, Mind reported that the DGF planned to sell nearly 1,800 sq. m. of commercial real estate in Sumy and the rights of claim for loans amounting to 197.2 million UAH.