DEPOSIT GUARANTEE FUND (DGF)
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Deposit Guarantee Fund resumes the sale of the banks assets

May 13, 2022

Press Release

The Deposit Guarantee Fund (hereinafter – the DGF) resumes the sale of assets of the banks being liquidated. In the nearest future, information about the first lots will be uploaded into Prozorro.Sales system. The real estate objects owned by the banks being liquidated will be put up for auction.

‘Following the beginning of the military aggression of the Russian Federation, the DGF decided to suspend the sale of assets of the banks being liquidated. This decision was driven not only by the lack of demand and non-competitive conditions at the auctions. The access to the state registers was closed making it impossible to execute any agreements. Now, the registers are open and we resume the sale of assets. The first lots will be the real estate of  Zemelnyi Kapital bank and Misto Bank. Some of the assets will be put out for bids for the first time, while the others   are already well known to the market. We expect the first auctions to take place via Prozorro system in early June,’ – said Oleksandr Kulchytskyi, Head of the Consolidated Asset Sales Department of the DGF.

Furthermore, pre-sale preparation of JSC MR Bank’s and PSC Prominvestbank’s assets is underway.

More information about the lots to be put up for the auctions will be announced later. All the interested investors may follow the announcements on the DGF official website and social media.