The Individuals’ Deposit Guarantee Fund (IDGF) obligated the authorized persons of insolvent banks to sign general asset sale agreements with all accredited exchanges, RBC-Ukraine (РБК-Украина) reports, quoting the Fund’s press-service.
“Thus we would like to avoid any monopoly for asset sale of any insolvent bank. For today Individuals’ Deposit Guarantee Fund has accredited 37 exchanges and the authorized person will conclude the general agreement with each of them and propose the list of properties for sale”, said the Deputy Fund Manager Andrey Kyiak.
The list of assets of the insolvent bank, which the exchange will consider suitable for sale, should be stipulated in the additional agreement on providing services for the organization and conducting open auction.
