The Fund of guaranteeing the deposits of individuals was removed (DIF) limitations concerning the list of persons who can participate in the auctions on sale of rights of claim on loans. This Fund is reported on the official website.
The Ministry of justice approved changes to the Provision on removal of insolvent Bank from the market, according to which limitations on the list of persons who can participate in the auctions on sale of rights of claim on loans.
According to the Director of the Department for consolidated sales and asset management DGF Julia Borisenko, the rule that buying the rights of claim on loans can only Finance company in the first place did not suit creditors of insolvent banks. After all, existed until recently, limitations narrowed the number of potential buyers.
“We hope that the removal of restrictions and the expansion of the number of buyers to foster competition among bidders, and hence the sales price. This is important because 80% of the assets of insolvent banks is loans. In addition, the changes will enable us to see the real buyers of financial assets”, – said Borisenko.