The guarantee Fund re-sells manufacturing assets Delta Bank

Фонд гарантирования повторно продает производственные активы Дельта Банка

June 7 will be held the repeated auction on the sale of the pool of assets of JSC “Delta Bank”, the carrying value of the 4 billion 845 million 892,85 thousand UAH. About it reports a press-service of the Deposit guarantee Fund of individuals (fgvfl).

According to the DGF, most of the pool are the right requirements for loans to legal entities (15), proprietary rights on loan agreements (7) and receivables. Some assets are pledged to the National Bank of Ukraine and JSC “Ukreximbank”.

The collateral for the loans the processing facilities of agricultural products, located in Odessa region, in particular:

  • 39 thousand meters of industrial estate;
  • the current fat-and-oil industrial complex with the equipment, access to the access rail and sea transport port;
  • Of 5.43 hectares of land earmarked to host oil and fat plant. The anticipated construction Maritime grain transshipment complex and bilateral pier;
  • current oil factory for the production of margarine, culinary and confectionery fats, sunflower oil and mayonnaise. Located near the railroad tracks on 5.34 ha of industrial land.

Auction will be held at the Dutch model of auction with the phased reduction in prices during the day. The starting price is 868 million 821,56 thousand UAH.

In April 2018, the Fund sold the assets of Delta Bank for 311 million UAH. From may 7, 2018, the Fund shall refund 311 to thousands of depositors of the Bank under contracts of Bank Deposit and Bank account agreements.

In October, the Foundation announced a competition for the support of the court proceedings in international arbitrations to recover from the Russian Federation of compensation for loss of JSC “Delta Bank” investments on the territory of annexed Crimea.

Delta Bank was founded in 2006. Its largest shareholders by the beginning of 2015 were Nikolay Lagun (70,6059%) and Cargill Financial Services International, Inc. (29,3941%).