KIEV, Jan. 24 – The executive directors of the Individuals Deposit Guarantee Fund have approved a document for forming the liquidation assets of bank Mykhailivsky (Kiev), and according to independent appraisers the real cost of the bank's assets was less than their balance sheet cost by 97.2%, the fund has reported on its website.

According to a report drawn up by three appraising companies, the real cost of the bank's assets is UAH 138.13 million, while the balance sheet cost exceeded UAH 5.113 billion.