It was founded in February 2006 by Ukrainian businessman Mykola Lagun.

Since 2006 the bank quickly increased due to consumer credit.

In 2013 the Delta Bank provided services to 4.6 million customers in Ukraine.

[3] In July 2011, Cargill Financial Services International Inc. acquired 30% authorized capital stock in Delta Bank.

The bank cited risky policies during a period of economic turmoil as the reason for its bankruptcy.