Rahul Sharma (Editor)

Delta Bank

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Industry
  
banking, investment

Founder
  
Mykola Lahun

Headquarters
  
Kiev

Net income
  
302.7 million UAH (2013)

Services
  
Financial services

Founded
  
15 February 2006

Defunct
  
2 October 2015

Delta Bank httpsuploadwikimediaorgwikipediacommonsthu

Type
  
Public Joint-Stock Company

Key people
  
Mykola Lagyn, Olena Popova

Total assets
  
UAH 55.298 billion (December 2013)

Owner
  
Mykola Lagyn (70.61%) Cargill Financial Services (29.39%)

CEO
  
Mykola Lahun (15 Feb 2006–)

Subsidiaries
  
Joint-Stock Company "Delta BANK", Life Insurance Company, iBox

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.

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

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. On 2 October 2015 the National Bank of Ukraine revoked its bank licence and liquidated the bank.

Delta bank


References

Delta Bank Wikipedia