The main owner of insolvent Delta Bank (Kyiv), Mykola Lahun, expects that the solvency of the financial institution will be restored with the help of a foreign investor or the state through the procedure of partial or complete recapitalization.

"The classification of Delta Bank as systemically important allows us to count on an early start of procedures for the bank recovery with the support of the National Bank and the Cabinet of Ministers through a partial or complete recapitalization," the bank press service said citing Lahun.

According to him, Delta Bank filed a petition to the NBU, the Individuals' Deposit Guarantee Fund and the Cabinet of Ministers with the request to recognize the bank insolvent, introduce temporary administration and establish a temporary moratorium on the satisfaction of creditors' claims. Such steps, in his opinion, will allow in a short term to start the procedure of restoring the bank's solvency with the help of an outside investor or the state.

"With the state support the bank has the chance to not only maintain its leading position in the market, but also a high attractiveness as a target for investment in the future," Lahun said.

As reported, the National Bank of Ukraine on March 2 recognized Delta Bank insolvent.