NBU and Deposit Guarantee Fund to launch online sales rooms for investors

NBU and Deposit Guarantee Fund to launch online sales rooms for investors

The National Bank of Ukraine (NBU) and Deposit Guarantee Fund (DGF) came up with a new idea of attracting investors to participate in asset sales

A designated pool of assets are set in a data room where investors can examine in detail the assets for sale, NBU informs. The interested parties have to register and sign a non-disclosure agreement with the organizers of the auction prior to gaining access to the database. A detailed description for the asset sales are provided at the official website of DGF too. The pilot project envisages two pools of loan sales worth UAH 13bn (USD 480mln). The accompanying companies of the asset sales project of the currency board of Ukraine and Deposit Guarantee Fund are DebtX Ukraine and First Financial Network Ukraine.

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