The legislative chamber has approved the bill on "Sanitation and Liquidation of Banks."

Its objective is to safeguard the interests of depositors and creditors, ensure the uninterrupted operation of the banking system, and maintain financial stability.

The central bank is empowered as the authorized body responsible for the rehabilitation and liquidation of banks.

The bill outlines the primary goals of rehabilitation, the mechanisms for its financing, and the tools utilized within this process. It also specifies the regulations for both voluntary and involuntary liquidation of credit organizations.

Lawmakers emphasized that the adoption of this law will reduce the banking sector's dependence on budgetary funds and enhance clients' trust in the banking system.

The document has now been forwarded to the Senate for further consideration. If approved by the upper chamber, the law will need to be signed by the president.