More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability. According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 ... #BankDeposits #DepositGuaranteeFund #financeUkraine #nbu #UkrainianBanks
Ukrainians continue to deposit more money into their savings; in the first half of the year, deposits increased by ₴60.2B. According to the Deposit Guarantee Fund for Individuals, as of July 1, 2024, the total amount of deposits of individuals and entrepreneurs in Ukrainian banks reached ₴1,295T, which is ₴28.9B more than... #BankDepositsinUkraine #DepositGuaranteeFund #financeUkraine #UkrainianBanks
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).... #BankSich #DepositGuaranteeFund #PrivatizationUkraine #UkrainianBanks #Zlatobank
Banks forecast a decrease in deposit rates, but Ukrainians keep increasing their balances. Most financial institutions expect a decrease in the amount of deposited funds in the fourth quarter of 2023, according to the survey by the NBU. Instead, third quarter data shows an increase in house... #BankDepositsinUkraine #DepositGuaranteeFund #financeUkraine #nbu
Assets of another bankrupt bank were put up for sale in Ukraine. Assets belonging to Bank Sich are scheduled for an online auction on June 6. Assets are being put up for sale for the first time, the Deposit Guarantee Fund noted. It is specified that the total debt ... #BankSich #Banksprivatization #DepositGuaranteeFund #PrivatizationinUkraine
The guarantee fund will auction Prominvestbank’s loans. On February 1, 2023, Prozorro.Sales auction platform will hold an auction for the sale of the assets of PJSC Prominvestbank, which the Deposit Guarantee Fund is liquidating. The lot includes claims un... #DepositGuaranteeFund #Prominvestbank #Prozorrosales
In June, Ukrainians increased bank deposits by $23B. As of July 1, individual consumer deposits (including individual entrepreneurs) in banks participating in the Deposit Guarantee Fund amounted to UAH 869.5B ($23B) for the month of June. This is UAH 30... #BankDepositsinUkraine #DepositGuaranteeFund
Megabank is being liquidated in Ukraine. The National Bank has decided to revoke the banking license and liquidate Megabank, the NBU press service reported. The National Bank classified Megabank as insolvent on June 2, 2022. The reason was s... #DepositGuaranteeFund #Megabank #MegabankLiquidated
The Deposit Guarantee Fund will auction 11 land plots that are owned by Arkada Bank. The fund reminded investors of the opportunity to purchase land plots of JSCB “ARKADA” located in the village of Mykhailivka-Rubezhivka, Kyiv-Sviatoshynskyi district, Kyiv region. The resa... #Arkada #ArkadaBank #DepositGuaranteeFund
Asset sales of seven Ukrainian banks. The Individual Deposit Guarantee Fund for Individuals has put up for sale the assets of seven banks valued at ₴1.93 bln ($73.38 mln), reported the press service of the Foundation. The following assets... #AssetSales #AssetSalesofUkraineBanks #DepositGuaranteeFund
