In the first quarter of 2025, the Deposit Guarantee Fund (FGIF) received more than UAH 622.3 million from liquidated banks. This happened as part of the functions to eliminate problem banks and protect the rights of depositors.
It is stated that the specified amount of revenues consists of different sources. In particular, UAH 137.3 million was received from repayment of loans, another UAH 42.2 million from the sale of assets of liquidated institutions. In addition, the Fund received UAH 5.5 million from the lease of property and UAH 69.9 million from other sources. The main source of income was securities, of which more than UAH 367.3 million. These funds include income from repayment of domestic government bonds (T -bills) and coupon payments. Such activity indicates the stability of financial management in the conditions of economic challenges that arise during martial law. The FGIFFO Financial Director Olena Nuzhnenko noted that during the period of martial law, the banks, which are under the control of the Fund, were able to attract UAH 15.9 billion in revenues. This is an important part of stabilization of the banking sector, which allows to ensure the safety of depositors.
Also, since the introduction of a full guarantee of deposits in April 2022, the Deposit Guarantee Fund has paid more than UAH 9 billion to Ukrainian depositors within the framework of banks.
These results demonstrate the effectiveness of the mechanisms of liquidation of banks under the control of FGIF, and also confirm the ability of the Fund to work in difficult economic conditions, providing important support to depositors.
