KIEV, March 3 – The National Bank of Ukraine has declared Delta Bank, Kreditprombank and Omega Bank (all based in Kiev) insolvent.

According to a posting on the NBU's website, the decisions are stipulated in NBU resolution Nos. 150, 151 and 152 of March 2.

"94% of all depositors of Delta Bank have deposits within the sum of UAH 200,000 guaranteed by the Individuals' Deposit Guarantee Fund and they will receive their deposits in full. The number of the said depositors is 554,000. Some of clients with large deposits (around 6% of the total number of depositors) will receive their deposits within the guaranteed sum," reads the report.