The Auction House of the Russian Federation will be engaged as an agent for the sale of non-core assets of the Bank of Non-core Assets (Bank Trust), the auction house informed.
The auction house will provide a number of services to auction Bank Trust's property.
The auction will take place on the Lot-Online electronic trading facility of the auction house.
The assets of the Bank of Non-core Assets will also be presented on the auction house's official website accumulating auction events in all segments: (public, corporate, banking, distressed, and private assets) throughout Russia.
Bank of Non-core Assets (PJSC Bank Trust) is a Russian financial institution with a majority government interest established during the banking system improvement by the Central Bank of Russia. The bank founded in July 2018 on the basis of Bank Trust consolidated the non-core assets of financial organizations during their turnaround.