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Ukraine's DGF to sell 41 insolvent banks' assets worth UAH 2.2 bn

Ukraine's DGF to sell 41 insolvent banks' assets worth UAH 2.2 bnThe Individuals' Deposit Guarantee Fund plans this week to sell the assets of 41 insolvent bank for the total amount of UAH 2.183 billion.

According to the fund's website, in particular, UAH 1.985 billion is expected from the sale of receivables, UAH 188.9 million from the sale of the fixed assets in banks being under liquidation.

According to the report, auctioned will be receivables and fixed assets in Delta Bank for a total amount of UAH 673.86 million, Bank Forum for UAH 602.96 million, VAB Bank, Bank Kyiv, Terra Bank, BG Bank, Brokbusinessbank, AvtoKrazBank, Active-Bank, Bank Demark and Bank Tavrika.

In addition, the fund plans to sell the fixed assets of Bank Nadra, Ukoopspilka, Kontrakt, Khreschatyk, Zoloti Vorota, Cambio, Smartbank, Green Bank, Pivdencombank, and Classic Bank.
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