Fishing in shark-infested waters: asset liquidation in Ukraine

Starting five years ago, Ukraine was forced to take half its banks off the market. This left more a huge volume of assets that needed to be disposed of.

The Deposit Guarantee Fund has been working to liquidate these assets. Despite the global pandemic and the associated drop in liquidity and capacity to buy, demand for the assets has remained steady, according to the fund. Most banks are coming up on their five-year liquidation deadlines.