The Deposit Guarantee Fund of Individuals (FGVFO) has announced its intention to sell jewelry belonging to Prominvestbank, which is currently in the process of liquidation. The scheduled auction will start with a lot price of 993,059 UAH.
This is reported by Finway
Auction Details
According to the FGVFO announcement, the lot includes 1,730 jewelry items, among which are silver earrings and rings of 925 purity, as well as some pieces containing gemstones. The auction is set for May 29 and will follow the English model, which involves three rounds of bidding.
Participation in the Auction
It is important to note that both legal entities and individuals can participate in the online auction, except for citizens or legal entities from Russia and individuals associated with the aggressor state.
“The proceeds from the sale will be directed towards settling with the bank’s creditors,” the FGVFO stated.