Compulsory sale of part of the property of “Stanislavska Trading Company” LLC – a plot of land in the city of Yaremche, Ivano-Frankivsk region – has been completed in order to pay off debts due to stabilization loans of PJSC KB “Finansova Initiative”. This was reported in the National Bank of Ukraine.
On November 23, 2023, the Department of Enforcement of Decisions of the Department of the State Executive Service of the Ministry of Justice of Ukraine concluded a sales contract based on the results of the auction with the winner of the auction, Samarsky Ples LLC. The sale price was UAH 40,305,360, which is twice the starting price.
“The foreclosure of the land plot in Yaremche was delayed for almost five years due to numerous abuses by the Stanislav Trading Company to stop the flow of court cases and trades, as well as attempts to get rid of its obligations by running into bankruptcy. But all these attempts were in vain. Forced realization of the land plot took place. The funds received from the sale of the land plot are aimed at partial repayment of the loan debt of the Financial Initiative bank to the National Bank,” Serhii Boyko, Head of the Department of Legal and Judicial Work with Problem Assets of the Legal Department of the National Bank, noted.
We will remind you that “Stanislavska Trading Company” LLC is one of the property guarantors for the stabilization loans of PJSC KB “Finansova Initiative” before the National Bank. In 2009, LLC “Stanislavska Trading Company” entered into mortgage agreements with the National Bank, in particular, a land plot with an area of 2.0549 hectares in the city of Yaremche, Ivano-Frankivsk region was transferred as a guarantee for the fulfillment of obligations under the stabilization loans provided by PJSC CB “Finansova Initiativa” .
In addition to the court decision to foreclose on the land plot, during the years 2018–2023, the courts passed four more decisions to foreclose on the real estate of “Stanislavska Trading Company” LLC, which were executed by the bodies of the state executive service.
“In general, as a result of the forced sale of the real estate mortgage property of the Stanislavska Trading Company LLC by selling it at open auctions within the framework of executive proceedings, the debt of the Financial Initiative bank to the National Bank in the amount of UAH 64.8 million was repaid, – reported the head of the Department of Work with Problematic assets of the Pavlo Polyarush National Bank. – The total indebtedness of the bank “Finansova initiatisa” for all granted refinancing loans as of December 1, 2023 amounts to UAH 7.1 billion.”
According to Youcontrol, the owner of LLC “Samarsky Ples” is a resident of the Dnipropetrovsk region Lysiy Viktor Petrovych.
For reference: On June 23, 2015, the National Bank of Ukraine decided to classify PJSC “Finansova Initiatisa” PJSC, whose owner was Oleg Bakhmatyuk, in the category of insolvent.
