Author: Alexander Moiseenko
Media: Ukrainska Pravda
Date of Publication: July 30, 2019
Title: “Too Big to Fail: in Ukrainian: How Delta Bank Depositors Lost Billions of Hryvnias
Short summary: Before the financial crisis in Ukraine of 2014, Delta Bank was the main competitor of Privatbank in retail, and its main shareholder, Nikolai Lagun, was called a financial genius. About a year after the financial crisis, Delta became the largest private bank to be declared insolvent and sent for liquidation. Tens of thousands of depositors lost billions of hryvnias, some of them committed suicide, but the search for the culprits still continues.
View as pdf file:Too big to fail по-українськи_ як вкладники Дельта банку втратили мільярди гривень _ Економічна правда