The guarantee fund successfully completed the sale of assets of Russian state banks through the Prozorro.Prodazhi platform

The Individual Deposit Guarantee Fund (FGVFO) has successfully completed the sale of assets of Russian state banks through the Prozorro.Prodazhi platform, raising over 5.2 billion hryvnias in two years. This was made possible by conducting 415 online auctions, which demonstrate a high level of efficiency and transparency.

This was reported by the press service of JSC "Prozorro.Prodazhi".

According to information, the sale of assets of Russian banks began at the end of July 2022. FGVFO sold the assets of subsidiaries of Russian state banks, such as JSC "MR Bank" (formerly known as "Sberbank") and PJSC "Prominvestbank". These assets were withdrawn from the Ukrainian market on the second day after the start of the full-scale Russian invasion of Ukraine.

The average rate of competition at auctions was three participants, and the average increase in the price of lots reached 22%. These numbers indicate a high level of interest and activity among potential buyers.

The press service also noted that more than seven hundred participants competed for the assets of former "daughters" of Russian banks on electronic auctions. This confirms the success and demand of such auctions, as well as proves the effectiveness of the Prozorro.Prodazhi system in the management and sale of assets.

FGVFO will continue its activities in this direction, trying to ensure maximum benefit for the state and ensure transparency in the sale process. The results of the sale of assets of Russian banks demonstrate not only success in the financial sphere, but also great interest in the recovery of the Ukrainian economy.