In November, assets of bankrupt banks were sold in Ukraine for ₴49.4M.

Last month, Ukraine held 37 auctions to sell the assets of eight banks that were liquidated by the Deposit Guarantee Fund. The winning bids from successful auctions amounted to almost ₴49.4M ($1.35M).

And more than 70% of the amount, ₴36.3M, resulted from selling real estate objects that were on the balance sheets of liquidated banks. These include the assets of Prominvestbank, which sold for ₴18.7M, Megabank for ₴12.5M, Land Capital for ₴10.2M, Ibox Bank for ₴7.7M, MR Bank, Bank Sich, Capital, Zlatobank for ₴0.3M.

This week, the Deposit Guarantee Fund is selling the assets of nine banks. The initial sale price of all lots is ₴868.6M ($23.7M).