UKSL Sanctions designation

JOINT DEVELOPMENT BANK

Entity · designated 16 June 2026

Designation identifiers

UKSL unique ID
RUS3647
Designation type
Entity
Date designated
16 June 2026
Last updated
16 June 2026

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

  • The Secretary of State considers that there are reasonable grounds to suspect that JOINT DEVELOPMENT BANK is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 on the basis that it is and has been involved in obtaining a benefit from or supporting the Government of Russia through providing financial services to persons carrying on business in a sector of strategic significance to the Government of Russia, namely JSC SOLID BANK, which carries on business in the Russian financial services sector.

Addresses

  • Lines: 82 Lane Xang Avenue
  • Lines: Hatsady Village Chanthabouly District,
  • Lines: Vientiane Capital
  • Country: Laos

Business registration numbers

  • Issue code: LA3000130002SWIFT: JDBKLALAXXX
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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.