NBU looking for asset managers for 16 banks

The competition will be held through the Rialto e-procurement system created on the principle of ProZorro.

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The National Bank of Ukraine (NBU) is searching for new asset managers for 16 banks under its control, and is ready to ensure transparent competitive selection.

These are banks, whose liquidation began before September 2012 or before the functions of removing banks from the market were transferred to the Deposit Guarantee Fund, as reported on the regulator's Facebook page.

The NBU reminded before that the regulator had decided to revoke licenses and liquidate 16 banks, whose book value of assets amounted to about UAH 11 billion (US$409.83 million).

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The applicant company must provide professional auditing, legal, consulting or financial services, having been conducting break-even operations for at least three years and having no debt before the budget.

It is also reported the competition will be held through the Rialto e-procurement system created on the principle of ProZorro, and the NBU will conclude agreements with the winners on the transfer of assets to management.

UNIAN memo. According to the NBU, the list of banks whose assets are transferred to legal entities management includes 16 financial institutions, such as Allonge, European Bank for Development and Savings, Eurobank, National Standard, Regional Development Bank, Ukrainian Industrial Bank, Zemelny Capital, Transbank, Eastern European Bank, BIG Energy, Ukraina, SCB Bank, Dnister, Sintez, Volodymyrsky, and Innovative Industrial Bank.

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