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Finance Creditor Central Bank Of The Russian Federation Tomsk

## Tomsk Awaits Central Bank Ruling on Largest-Ever Creditor Bankruptcy **Tomsk, Russia** - The Central Bank of the Russian Federation is expected to rule on the bankruptcy of Tomsk's largest creditor, Tomskpromstroibank (TPSB). The bank was declared insolvent in February 2023, with debts exceeding 100 billion rubles ($1.3 billion). The bankruptcy proceedings have been closely watched by creditors, depositors, and the Russian financial community. The Central Bank's decision will determine the fate of TPSB's assets and liabilities. Creditors are hoping to recover at least a portion of their losses, while depositors are concerned about the safety of their funds. The bankruptcy of TPSB is the largest-ever in Tomsk and has raised concerns about the stability of the region's financial system. The Central Bank's ruling is expected to provide clarity and help restore confidence in the local economy.


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