In April, the Fund for Guaranteeing Deposits of Individuals paid UAH 299.4 million of guaranteed compensation to depositors of insolvent banks.
According to Ukrinform, this was reported by the Deposit Guarantee Fund for Individuals.
“In April 2022, payments of guaranteed compensation to depositors of banks managed by the Fund amounted to UAH 299.4 million,” the report says.
In total, in January-April 2022, depositors of banks liquidated by the Fund received guaranteed compensation in the amount of UAH 593.3 million.
As of May 1, 2022, there were 69 operating banks in the register of participants in the Deposit Guarantee Fund. As of the beginning of May 2022, the liquidation of 49 insolvent banks continued, the liquidation of 51 banks by the Fund has already been completed. The total amount of funds accumulated by the Fund as of May 1, 2022 amounted to UAH 19.26 billion. From the regular collection, the Fund received UAH 2.32 billion in January-April 2022.
As Ukrinform reported, in March, the Deposit Guarantee Fund for Individuals paid UAH 278.5 million of guaranteed compensation to depositors of insolvent banks.