The Guarantee Fund sold the assets of insolvent banks for UAH 72.7M.
In December 2021, the Deposit Guarantee Fund held successful auctions for the sale of assets of liquidated banks for UAH 70.97M ($2.7M), the statement reads. A total of 136 open e-auctions were held last month, 13 of which were successful. The rest of the assets were not auctioned due to the lack of bidders interested in buying the property. In total, in 2021, the Fund held more than 300 effective auctions with a total selling price of UAH 2.4B ($88M)