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Creditors of insolvent banks receive over UAH 1.1 bln in repayments in July
KYIV. Aug 27 (Interfax-Ukraine) – Creditors of insolvent Ukrainian banks in July 2021 received UAH 1.123 billion in repayments, the Deposit Guarantee Fund reported on Thursday.
According to the report, UAH 208 million were allocated to pay off the guaranteed compensation to depositors within the UAH 200,000 amount, and UAH 906.2 million to pay off claims of legal entities that are not related to the bank.
It is indicated that UAH 388.9 million were allocated for the extraordinary repayment of secured creditors’ claims, of which UAH 338.8 million were allocated to pay off NBU claims at the expense of Rodovid Bank (UAH 233.3 million), Financial Initiative Bank (UAH 99.2 million) and Finance and Credit Bank (UAH 6.3 million).
In general, as of August 1, 2021, claims of creditors of insolvent banks were repaid for a total of UAH 54.496 billion, including UAH 16.468 billion for the repayment of secured creditors’ claims, and UAH 15.187 billion for the satisfaction of NBU claims.
