Black Sea Bank for Development and Reconstruction
List
| Reference number | RUS0233 |
|---|---|
| Type | Company |
| List name | UK List |
| Programs | Russia |
| Remark | JOINT STOCK COMPANY “BLACK SEA BANK FOR DEVELOPMENT AND RECONSTRUCTION” hereafter, JSC “BLACK SEA BANK FOR DEVELOPMENT AND RECONSTRUCTION” is a Crimean bank that was created immediately after the illegal annexation of Crimea in 2014. It has capitalised on the sector’s fear of Western sanctions and the lack of banks in Crimea. By operating in Crimea, JSC “BLACK SEA BANK FOR DEVELOPMENT AND RECONSTRUCTION” has consolidated Crimea into the Russian Federation through the financial system. |
| Added | 15.12.2023 |
Names
| Name | Black Sea Bank for Development and Reconstruction |
|---|---|
| Name | Black Sea Bank Development and Reconstruction |
| Name | Black Sea Bank of Development and Reconstruction |
| Name | Joint Stock Company Black Sea Bank for Development and Reconstruction |
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control subjects included in sanction list, Canada, Australia.