Business news from Ukraine

Esayment Financial Company will manage assets of 8 Ukrainian banks

6 August , 2023  

Esayment Financial Company LLC will manage the unsold assets of Ukraina, Allonge, Innovative Industrial Bank, Volodymyrskyy and four other banks, whose liquidation procedure was launched before September 22, 2012.

As reported by the National Bank on Friday evening, the company was determined by the results of the tender held on the electronic platform zakupki.prom.ua.

According to the NBU, in the first quarter of this year, FC Esayment had no revenue, and net loss amounted to 70 thousand UAH with labor costs of 22.7 thousand UAH. Assets of the company at the end of the quarter were equal to UAH 20.18 mln, shareholders’ equity – UAH 5.89 mln

The European Bank for Development and Savings, Sintez Bank, Soccom Bank and East European Bank were also included in the number of these banks.

It is specified that the relevant decision was approved by the Committee on supervision and regulation of banks, payment infrastructure oversight of the NBU on July 31.

This competition was announced on May 3 this year, potential applicants had 30 working days from the date of publication of the announcement to submit proposals. A similar tender was announced in 2020.

Esayment FC states on its website that it was established 7 years ago and unites 17 professionals. The main owner with 99% stake is the director of the company Sergey Burka. The company has licenses to provide factoring, financial leasing and financial credit services.

The company’s revenue in 2022 amounted to UAH 500 thousand, other operating income – UAH 6.329 million, labor costs – UAH 186 thousand, net profit – UAH 16.2 thousand.

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