DGF sells pool of assets of 6 banks - lot includes loans and receivables of individuals for almost UAH 10 million

On December 15, an auction will be held in the Prozorro.Sales system to sell a pool of assets of six banks.

This is stated in a message from the Deposit Guarantee Fund (DGF), Ukrainian News Agency reports.

One lot is put up for auction for claims on loans of individuals and receivables recorded on the balance sheet of JSC Bank Forward, JSC AKB Concord, PJSC Prominvestbank, JSC Bank Sich, JSC MR Bank and JSC Megabank.

In total - 376 positions (loans, receivables).

The pool is put up for sale for the first time.

All assets included in lot No. GL6N428119 are recorded in the national currency.

57.4% of the pool (by the amount of debt) are claims on loans granted for consumer purposes.

Another 35.3% of the pool are card loans.

7.3% are receivables.

The average amount of debt under contracts is from UAH 22,000 to UAH 135,000.

Collateral or financial there are no guarantees for assets.

The basis of the pool (82.7% by the amount of debt) is loans and receivables that arose in the period 2014-2022.

Another 16.7% are loans granted up to and including 2013.

The remaining 0.6% are loans and receivables that arose after 2023.

The term of delay in fulfilling obligations under contracts is from 95 to 3802 days.

The pool will be traded according to the Dutch auction model.

The starting price is UAH 10.4 million.

As Ukrainian News Agency earlier reported, individuals and legal entities can participate in the auction, except for debtors and guarantors under contracts put up for sale, the russian federation and persons associated with the aggressor state.

Also, buyers cannot be individuals or legal entities, to whom personal special economic and other restrictive measures have been applied.

The funds received from the sale of assets will be used to settle accounts with creditors of the banks being liquidated.