On June 2, the National Bank of Ukraine (NBU) issued a resolution revoking the license and liquidating Kreditprombank, which belonged to Delta Bank shareholder Mykola Lagun. This was reported by the NBU's press service.
As a reminder, Kreditprombank was declared insolvent on March 2, 2015, due to a significant deterioration in its financial performance. Furthermore, shareholders failed to take measures to prevent insolvency.
As of January 1, 2015, according to the NBU, Kreditprombank ranked 85th among 158 operating banks in Ukraine in terms of total assets, with total assets of UAH 1,3 billion.
As of early 2015, Kreditprombank's sole shareholder was Delta Bank shareholder Nikolai Lagun. However, before the National Bank declared Kreditprombank insolvent, Nikolai Lagun resigned as a shareholder and, accordingly, resigned as chairman of the bank's supervisory board.
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