Ukraine's Deposit Guarantee Fund in January-August 2018 received UAH 6.735 billion, or US$240 million, from management of assets of banks that had been undergoing bankruptcy and liquidation procedures.
In particular, earnings from the sale of assets totaled UAH 5.139 billion, or US$182.9 million, and those from the repayment of loans stood at UAH 1.067 billion, or US$37.9 million, the Fund said on its website.
Some UAH 457 million, or US$16.26 million, was earned from the redemption of securities and UAH 72.7 million, or US$2.59 million, from property lease.
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In August alone, the Fund's earnings stood at UAH 445.2 million, or US$15.84 million, including UAH 272.5 million (US$9.69 million) from the sale of assets, UAH 163.1 million (US$5.80 million) from repayment of loans by borrowers, UAH 8.9 million (US$316,700) from rent, and UAH 0.7 million (US$24,900) from the redemption of securities.
UNIAN memo. The Fund's financial resources as of August 1, 2018, amounted to UAH 14.660 billion (US$519.6 million), which was 2%, or UAH 306 million (US$10.9 million), more than at the beginning of the year. The Fund manages assets of over 90 bankrupt banks with more than UAH 500 billion, or US$17.8 billion, at book value.
