10:48 / 29.03.2023

Court declares Hi-Tech Bank bankrupt

The Tashkent Interdistrict Economic Court, in accordance with its decision of March 17, declared the joint-stock commercial bank Hi-Tech Bank bankrupt, the CB press service reported.

Photo:Hi-Tech Bank

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.

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