The sale of assets from nine banks currently in the liquidation process, managed by the Deposit Guarantee Fund, has commenced on the Prozorro.Sales platform.
This is reported by Kyiv24
Total Value of Lots and Asset Structure
The total starting price of all lots offered at auction is 926 million UAH. Of this amount, the claims on loans are listed for 819.4 million UAH, while real estate, land plots, vehicles, and other fixed assets are valued at 93.3 million UAH. Additionally, the receivables owed to the banks will be sold for 13.3 million UAH.
“The sale of assets from the following banks is scheduled for this week: ‘Prominvestbank’, ‘Kominvestbank’, ‘MR Bank’, ‘Megabank’, ‘KSG BANK’, ‘Bank ‘Sich’, ‘Bank Forward’, ‘Delta Bank’, ‘AKB ‘Concord’.”
Features of the Auction and Requirements for Participants
The claims on loans and receivables are being auctioned as a single pool. The total number of contracts in this portfolio reaches nearly 42,000. Almost 78% of them are denominated in UAH, while the remainder is in US dollars. About 80% of the portfolio by the amount of debt consists of contracts with a term of obligation fulfillment exceeding three years. At the same time, 99.7% of the contracts (by amount) are unsecured, and 0.3% are secured by vehicles, the locations of which are currently unknown.
Individuals and legal entities are allowed to participate in the electronic auctions, except for debtors, guarantors under the listed contracts, and individuals associated with the aggressor state. Participants subject to personal special economic and other restrictive measures are also not permitted.
The proceeds from the sale of assets will be directed towards settling accounts with the creditors of the liquidated banks.