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The former Kyiv headquarters of Russia’s VTB Bank goes up for auction next Tuesday with a starting price of $10.4 million

, reports the Deposit Guarantee Fund. Located at a prestige address – the corner of Taras Shevchenko and Pushkinska – the 8-story building has 6,000 square meters and an underground garage. Since the start of the war in 2014, the government has pushed most Russian-owned banks in Ukraine out of business.

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Through radical cost cutting, UIA turned a $108 million loss in the first half of last year into $810,000 net profit for January-June of this year

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With six major state companies scheduled for privatization auctions during the second half of this year,