The Ukrainian Deposit Guarantee Fund this week intends to sell assets of insolvent banks for the total amount of UAH 6.785 billion, the fund’s press service reports.
“The assets of insolvent banks for the sum of UAH 6,784.53 million will be put up for sale this week,” reads the report.
According to the Deposit Guarantee Fund, it is expected to recover UAH 3,610.19 million from the sale of debt claims on loans and UAH 3,172.02 million from the sale of real estate, land plots and other fixed assets of banks.
In addition, the Deposit Guarantee intends to auction receivables in banks for UAH 2.31 million. (Ukrinform/Business World Magazine)