Ukraine's Deposit Guarantee Fund prolongs liquidation of Delta Bank

The authority of the bank's liquidator Vladyslav Kadyrov has been extended as well.

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The Deposit Guarantee Fund (DGF) of Ukraine has prolonged the procedure to liquidate Delta Bank until October 4, 2020, inclusive.

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The authority of the bank's liquidator Vladyslav Kadyrov has been extended for the same period, the DGF's press service said on April 8.

UNIAN memo. The Deposit Guarantee Fund launched the Delta Bank liquidation procedure in October 2015. Delta Bank had been operating in the Ukrainian market since 2006 as one of the largest banks. Its major shareholders were businessman Mykola Lahun with a stake of 70.61% and Cargill Financial Services International Inc. (the United States) with a share of 29.39%.

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