State Banks Allowed to Use OpenMarket for Asset Sales

State banks can auction collateral and their own property on OpenMarket. This will allow hundreds of items to be offered to private buyers and investors. The resolution of the Cabinet of Ministers of Ukraine dated June 4, 2026, No. 719 resumes cooperation with the state enterprise "SETAM" for the sale of property through electronic auctions. Real estate, land plots, vehicles, and other assets can be sold through OpenMarket. SETAM previously collaborated with Sberbank, PrivatBank, Ukrgasbank, and Ukreximbank. During the entire period, assets worth over UAH 7.6 billion have been sold through OpenMarket, including: PrivatBank — over UAH 2.2 billion, Ukrgasbank — over UAH 2.1 billion, Ukreximbank — nearly UAH 2 billion, Sberbank — over UAH 1.3 billion. OpenMarket has been operating in Ukraine since 2014 and is managed by the Ministry of Justice. In the first half of 2026, properties worth over UAH 1.2 billion were sold at auction, which is 53.9% more compared to the same period last year.

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