Features of the insolvency (bankruptcy) procedure credit institutions

In this article, the author has investigated the institute of bankruptcy of credit institutions. The features of bankruptcy of a credit institution are revealed. The article analyzes some measures to prevent this type of bankruptcy and the differences in satisfying the creditors' claims of a credit institution in comparison with the priority in case of insolvency (bankruptcy) of other legal entities. The article reveals the powers of the Bank of Russia in the insolvency (bankruptcy) procedure of a credit institution.