The court appointed M. Gizatulin as an administrator to conduct the liquidation proceedings.

Earlier, a similar court decision was made in relation to Turkistonbank.

It should be recalled that in early October 2022, the Central Bank revoked licenses from Turkistonbank and Hi-Tech Bank.

In mid-November, the Central Bank reported that the funds of Turkistonbank depositors would be reimbursed ahead of schedule.