Page 49 - UKRRptJan22

said that the figure is higher than in some European countries.
8.1.4 Bank news
The Deposit Guarantee Fund (DGF) has sold Delta Bank's assets. The assets are secured by non-residential real estate in the center of Kyiv, land plots in the Kyiv region, and corporate rights. The auction will be held on December 17 at the Prozorro.Sales. The total debt on loans is UAH 749.7mn ($27.6mn). Among the collateral, is commercial real estate with a total area of 2,265.7 square meters in the center of Kyiv, land in the Kyiv region, and corporate rights. The initial price of the lot is UAH 749.7mn, announced DGF.
OTP Bank buys Albanian subsidiary of Alfa-Bank for €55mn, announced the bank. The transaction is expected to be concluded in the second quarter of 2022, and OTP Group's market share in Albania will exceed 11% of the sector's total assets, and its loan portfolio will increase by one and a half times.
Monobank plans to launch the sale of shares and install ATMs in Kyiv.
The bank plans to launch the sale of shares in the first quarter of 2022, starting with the S&P 500, said the Co-founder of Monobank, Oleg Gorokhovsky. “We have made a product for unskilled investors. And it's ripe - deposit rates are low, and around a lot of news about how Tesla is growing and, in general, how the securities market is growing. He added that the product is planned for customers with small transactions and is designed for an average transaction of $1,000”, said Gorokhovsky. In addition to this new service, Monobank intends to install its cash-in ATMs in the first quarter of 2022. The bank has already brought a pilot batch and is creating software for ATMs.
Twelve banks will receive portfolio state guarantees of UAH8.1bn ($300mn). The Ministry of Finance has prepared a draft resolution of the Cabinet of Ministers on providing state guarantees on a portfolio basis in 2021.
49 UKRAINE Country Report January 2022 www.intellinews.com