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Deposit Guarantee Fund and NBU begin sales of insolvent bank assets
Journal Staff Report

KIEV, March 15 Ц The Individuals Deposit Guarantee Fund jointly with the National Bank of Ukraine is starting a pilot project on selling large pools of assets of insolvent banks used as collateral for the loans issued by the NBU with the attraction of international advisers Ц U.S. companies selling troubled assets: DebtX Ukraine LLC (the subsidiary of DebtX) and First Financial Network Ukraine LLC (the subsidiary of FFN).

According to a posting on the website of the fund, the companies will be involved in the presale preparation, marketing of assets and search of potential buyers.




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