REUTERS
In particular, the central bank received US$38.8 million from the sale of property rights.
The National Bank of Ukraine (NBU) in January-March 2019 (Q1) received UAH 1.15 billion (US$42.9 million) in repayment of refinancing loans earlier issued to banks that later became insolvent.
At the same time, the central bank received funds from the sale by Ukraine's Deposit Guarantee Fund (DGF) of the banks' collateral property, as well as those from other sources, according to the regulator's website.
Read alsoNBU gets over US$93.6 mln in repayment of insolvent banks' debt in 2018
In particular, the National Bank received UAH 1.04 billion (US$38.8 million) from the sale of property rights and UAH 57.4 million (US$2.1 million) from real estate sales.
Other sources of the refinancing loans repayment were funds from transfer of UAH 30.7 million (US$1.1 million) in mortgage loans to the NBU balance, write-off from the created reserve worth UAH 17 million (US$634,802), and repayment of debt on collateral loan agreements in the amount of UAH 2.6 million (US$97,087).
"Property rights transferred by Nadra Bank to the NBU as collateral have been sold at the highest price, that is UAH 722 million [US$27 million]. In addition, all assets of such insolvent banks as Brokbusinessbank, Daniel Bank and Avtokrazbank, which were put up as collateral to the NBU, were sold in Q1 2019. In total, the National Bank received UAH 27.2 million (US$1 million) from the sale of the said assets," the regulator added.
As UNIAN reported earlier, the National Bank in the first quarter of 2018 received UAH 969.2 million (US$36.2 million) in repayment of refinancing loans earlier issued to banks that later became insolvent. In 2017-2018, this amount was about UAH 5 billion (US$186.7 million).
Since January 2017, the sale of collateral property on the regulator's refinancing loans has been carried out via the ProZorro.Sales electronic platform.