Delta Bank

Delta Bank
Public Joint-Stock Company
Industry banking, investment
Founded February 15, 2006
Defunct 2 October 2015
Headquarters Kyiv, Ukraine
Key people
 Mykola Lagyn, Olena Popova
Services Financial services
Increase UAH 302.701 million (2013)[1]
Total assets Increase UAH 55.298 billion (December 2013)[2]
Owner Mykola Lagyn (70.61%)
Cargill Financial Services (29.39%)
Number of employees
 over 10 000
Website deltabank.com.ua

Delta Bank (Ukrainian: Дельта Банк) was one of the largest commercial banks in Ukraine. It was founded in February 2006 by Ukrainian businessman Mykola Lagun. Has its headquarters in Kyiv. Since 2006 the bank quickly increased due to consumer credit. The Bank ranks among the largest banks in its category according to the classification of the National Bank of Ukraine. In 2013 Bank provides services to 4.6 million customers in Ukraine.[3]

In July 2011, Cargill Financial Services International Inc. acquired 30% authorized capital stock in Delta Bank.[4]

On 2 March 2015 Delta Bank declared insolvent. The bank cited risky policies during a period of economic turmoil as the reason for its bankruptcy.[5] On 2 October 2015 the National Bank of Ukraine revoked its bank licence and liquidated the bank.[6]

References

  1. ↑ (Ukrainian) Profit "Delta Bank" in 2013 increased 3 times - to 302 million. RBC-Ukraine. January 29, 2014.
  2. ↑ Balance sheet 31/12/2013. Retrieved August 18, 2014.
  3. ↑ Delta Bank: About Bank deltabank.com.ua
  4. ↑ Delta Bank: History deltabank.com.ua
  5. ↑ Ukraine central bank declares fourth-largest lender insolvent Reuters, Mar 3, 2015
  6. ↑ NBU decides to liquidate Delta Bank, Interfax-Ukraine (5 October 2015)

See also

External links

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