March 29 (Reuters) - Russia's central bank plans to liquidate Trust Bank, an umbrella bank created to handle bad loans of lenders bailed out six years ago, by 2027, the central bank said in its annual report published on Wednesday.

Trust Bank was established in 2017 to bundle together the non-performing loans of Otkritie, Promsvyazbank and B&N - banks rescued by the central bank that year in a state-backed bailout.

It has since been trying to recover as much of the nearly 3 trillion roubles ($38.8 billion) spent by the central bank as it can.

It was previously assumed that Trust would be wound down at some point in the next two years. But the central bank said in its annual report it was now planning to liquidate Trust in 2027.

Trust said last month it was aiming to return 45 billion roubles to the central bank this year. Between 2019 and 2022 it recovered 421 billion roubles in assets and paid the central bank 294 billion roubles.

($1 = 77.3205 roubles) (Reporting by Elena Fabrichnaya Writing by Jake Cordell Editing by Mark Potter)