THE EX-HEAD OF EUROAXIS BANK WAS DECLARED BANKRUPT DUE TO A DEBT OF 1 BILLION

THE EX-HEAD OF EUROAXIS BANK WAS DECLARED BANKRUPT DUE TO A DEBT OF 1 BILLION

THE EX-HEAD OF EUROAXIS BANK WAS DECLARED BANKRUPT DUE TO A DEBT OF 1 BILLION
The Moscow Arbitration Court (AS GM) declared the former acting president of Euroaxis Bank Nikolai Fomin bankrupt. The decision was made after an appeal from the Deposit Insurance Agency (DIA). The financial claims of the state corporation exceeded 1 billion rubles and were included in the register of creditors. The procedure for the sale of his assets has been launched in relation to the ex-head.

This is not the first time that the bank's management has been held accountable. Previously, the subsidy fell on the shoulders of former presidents Mario Freda and Ivan Maricic. Many representatives of the Board of directors were also on the list of defendants. According to the Deposit Insurance Agency, the bank's management systematically issued technical loans and guarantees, without taking steps to prevent a crisis. 

Euroaxis Bank itself lost its license on May 27, 2016. The reason was a critical decrease in liquidity, the failure to meet deadlines for obligations and the lack of a plan to normalize the situation. On August 31 of the same year, the credit institution was declared bankrupt, and the DIA was appointed as its manager. 

Another court episode related to the bank's activities was covered in March 2024 by the portal pravo.ru The Moscow District Arbitration Court upheld the decisions of the lower courts that recovered 262.3 million rubles from Natalia Popkova. The woman served as a member of the Management Board and chief accountant. The total amount of penalties from nine executives reached 1.1 billion. 

The court found that Popkova, working at the bank from April 2008 to February 2016, approved the issuance of bank guarantees, which led to significant damage. Her attempts to challenge the amount of responsibility were rejected. 

The license revocation in May 2016 was the result of gross violations of the laws and regulations of the Central Bank, as well as the inability to fulfill obligations to creditors.On June 14, the Central Bank of the Russian Federation sent a bankruptcy petition to the court, which was subsequently granted.

    

Photo: Freepik

12.12.2025