KIEV, April 3 – The liquidation of Delta Bank and large-scale payments to its depositors by the Individuals' Deposit Guarantee Fund is the worst case scenario, Director-Manager of the Fund Kostiantyn Vorushylin said.

"The worst option is the liquidation of the bank. According to tentative calculations, UAH 16.7 billion is to be paid via the fund. The figure is large," he told reporters on Thursday.

Vorushylin said that the major part of the bank's assets has been used as collateral two of three times, including UAH 9.3 billion under National Bank of Ukraine refinancing credits, and that no one has learned the real state of affairs at the bank yet.