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43 insolvent banks' assets worth UAH 2,4 bn to be put up for sale in Ukraine

43 insolvent banks' assets worth UAH 2,4 bn to be put up for sale in UkraineThe Ukrainian Deposit Guarantee Fund plans to sell assets of 43 insolvent banks totalling UAH 2.4 billion, the fund’s press service reports.

Read also: VBR, Bank Nadra liquidation prolonged for two years - Ukrainian IDGF

“The assets of 43 insolvent banks totalling UAH 2, 437.28 million will be put up for sale this week,” reads the report.

Read also: Loss of operating banks in Ukraine in Jan-Sept 2016 totalled UAH 11.6 bn

According to the Deposit Guarantee Fund, in particular, it is expected to recover UAH 2.051 billion from the sale of loan receivables, UAH 402.62 million from the sale of fixed assets of insolvent banks, and UAH 0.59 million - from the sale of other assets (coins, icons, etc.).
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