Business news from Ukraine

KYIV-BASED HELIOS COMPANY BUYS POOL OF ASSETS OF 12 INSOLVENT BANKS

Kyiv-based FC Helios LLC during a trading session in the First Financial Network Ukraine platform acquired a pool of assets of the balance sheets of ten insolvent banks for UAH 90 million, a press service of the Deposit Guarantee Fund reported.
The initial price of the pool of assets was UAH 410.14 million, according to a posting on the website of the fund.
FC Investohills LLC also participated in this Dutch auction.
The pool includes such banks as Finance and Credit, Ukrbusinessbank, Delta Bank, Imexbank, Energobank, VAB Bank, Diamant Bank, Fidobank, Platinum Bank, Radical Bank, Kyivska Rus and Trust.
Natalia Konovalova is owner of FC Helios.

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