Deposit Guarantee Fund's financial resources up by almost 9%

The financial resources of the Individual Deposit Guarantee Fund amounted to UAH 15.316 billion as of January 1, 2017, which is UAH 1.232 billion, or 8.7%, more compared with January 1, 2016.

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The press service of the Fund told UNIAN that in December 2016, the volume of the Fund's financial resources increased twice.

At the end of December 2016, the Cabinet of Ministers of Ukraine adopted a decision to issue domestic government loan bonds in the amount of UAH 7.9 billion to lend the Individual Deposit Guarantee Fund.

Read alsoDeposit Guarantee Fund admits poor results in recovering failed banks' assets - Kyiv PostAs UNIAN reported earlier, the financial resources of the IDGF amounted to UAH 7.83 billion as of November 1, 2016, which was 18.6% more compared with October 1.

In 2015, the financial resources of the IDGF decreased by UAH 2,789 billion, or 16.5%.

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