Ukraine markets in everything

Better than nothing:

A new internet-only exchange, the so-called Deposit Exchange, has
opened in Ukraine. It enables people whose bank deposits have been
frozen in banks of questionable solvency to sell the money in those
deposits at a discount. The buyers of the frozen deposits, although
they cannot withdraw the money, can use the full value of the deposits
to cover the value of loans issued by the banks for home, car and land
purchases on which customers have defaulted, and thereby take
possession of the repossessed property. Currently the discounts on
buying a frozen deposit are in the range 10-34% (, in Russian).

I thank Matthew Bown for the pointer.


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