Designation identifiers
- UKSL unique ID
- RUS0237
- OFSI group ID
- 14184
- Designation type
- Entity
- Date designated
- 22 February 2022
- Last updated
- 9 April 2025
Regimes
- The Russia (Sanctions) (EU Exit) Regulations 2019
Designation sources
- UK
Sanctions imposed
- Asset freeze
- Trust Services Sanctions
- Director Disqualification Sanction
- Prohibition on Correspondent banking relationships and processing payments
Official reasons
- PJSC Promsvyazbank ('Promsvyazbank') is a Russian state owned bank. Its main task is to service the state defence order and to finance defence industry enterprises. In its role as a pivotal bank for the Russian military-industrial complex, including servicing nearly 70% of the state contracts signed by the Defence Ministry as a government customer, Promsvyazbank provides financial services or makes available funds and economic resources that could contribute to destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The trust services sanctions were imposed on 21/03/2023.
Other information
- The prohibition on correspondent banking relationships and processing payments was imposed on 15/12/2023. The Director Disqualification Sanction was imposed on 09/04/2025.
Addresses
- Lines: Building 22
- Lines: Smirnovskaya Street
- Lines: 10
- Lines: Moscow
- Postcode: 109052
- Country: Russia
!
This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.