FGVFO has put up for sale the assets of eight banks worth over UAH 1.4 billion

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FGVFO has put up for sale the assets of eight banks worth over UAH 1.4 billion

The Deposit Guarantee Fund (FGVFO) has announced its intention to sell the assets of several banks that are in the process of liquidation. The list does not include large financial institutions such as PrivatBank and Oschadbank. The total starting price of all lots being offered for sale is UAH 1.415 billion.

This is reported by Finway

List of banks and sale conditions

FGVFO reports that during the working week until July 25, 2025, the assets of eight banks are scheduled to be sold. Among them:

  • MR Bank
  • Forward Bank
  • Pryvatinvestbank
  • Kominvestbank
  • KSG Bank
  • iBox Bank
  • Sich Bank

All lots will be listed on the electronic platform Prozorro.Sales. Only the assets of banks that are in the liquidation stage will be sold.

“This week (July 21-25), the sale of assets from 8 banks being liquidated by the Deposit Guarantee Fund is scheduled in the Prozorro.Sales system. The starting price for all lots is UAH 1,415.4 million (UAH 1.415 billion – Ed.)”, the statement reads.

Structure of assets to be sold

The majority of the assets to be sold consist of claims on loans, with a total value of UAH 1.34 billion. Additionally, the auction will feature:

  • Real estate, land plots, and other fixed assets – worth UAH 73.8 million;
  • Securities – worth UAH 1.1 million;
  • Accounts receivable – worth UAH 0.04 million.

Through these sales, FGVFO aims to enhance the efficiency of returning funds to the depositors of the liquidated banks and ensure transparency in the asset liquidation process.