Business news from Ukraine

Business news from Ukraine

PrivatBank sells “bad” loans for UAH 5.2 bln

3 July , 2025  

State-owned PrivatBank (Kyiv) will put up for sale its “bad” loans totaling UAH 5.2 billion through the SE SETAM platform, which will be open for bidding until July 30, 2025.

“PrivatBank offers professional market participants to register on the platform of the electronic trading system of the Ministry of Justice OpenMarket of SE SETAM until July 30, 2025 to acquire claims on a portfolio of consumer loans to individuals with a total debt of UAH 5.2 billion, which is the initial (starting) price of the lot,” the bank said on its website on Monday.

It is noted that the portfolio includes only the loan principal and accrued interest. The auction will be held in several stages: automatic gradual reduction of the starting price of the lot, submission of closed bids and open bids. The minimum selling price of a lot is 1.2% of the starting price.

According to the National Bank of Ukraine, as of April 1, 2025, PrivatBank ranked first in terms of total assets – UAH 945.4 billion, or 25.2% among 60 banks.

As reported, in 2025, PrivatBank had to put up for sale a portfolio of bad loans to individuals totaling more than UAH 5 billion.