OFSI sanctions listing
PJSC SOVCOMBANK
PJSC SOVCOMBANK is an organisation designated on the HM Treasury — Office of Financial Sanctions Implementation (OFSI) (OFSI) sanctions list under the Russia programme, listed on 28/02/2022. This page summarises the public designation — known aliases, identifying particulars, the stated reason for listing and linked parties — alongside an independent, transparent risk indicator.
Reason for listing
(UK Sanctions List Ref):RUS0255. Financial sanctions imposed in addition to an asset freeze: Correspondent banking relationships etc. Trust services. Date trust services sanctions imposed: 21/03/2023. The prohibition on correspondent banking relationships etc. measure was imposed on 15/12/2023. (UK Statement of Reasons):PJSC SOVCOMBANK is a large and profitable private bank which obtains a benefit from the Russian Government, and/or supports the Russian Government. PJSC SOVCOMBANK has received financing from the Russian Direct Investment Fund and therefore carries on business as a Government of Russia-affiliated entity. It also carries on business of economic significance to the Government of Russia in view of PJSC SOVCOMBANK'S strategic role in the Russian economy. Furthermore, PJSC SOVCOMBANK carries on business in a sector of strategic significance to the Government of Russia as it operates in the Russian financial services sector. (Phone number):+7 (495) 988-00-00 (Website):www.SOVCOMBANK.ru (Type of entity):Public Joint-Stock Company
Statement of reasons as published by UK OFSI. This is the issuing authority's wording, reproduced for reference.
Designation record
| List / authority | UK OFSI (OFSI) — Russia |
|---|---|
| Entity type | Organization |
| Programmes / regime | Russia |
| Date listed | 28/02/2022 |
| Source record ID | ofsi:14200 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Nationality / country | Russia |
|---|---|
| Address(es) | Tekstilschik Avenue, 46 Kostroma · 156000 Russia |
Deep-research dossier
Not yet deep-researched
The instant review above is drawn from the public lists. A deep-research dossier goes much further — an analyst-grade OSINT report: associate & co-investment network screening, structural / ownership opacity, a dated risk trajectory, an 8-factor scoring model, and numbered, source-linked evidence. See the format in the design system.
Clarifications & right of reply
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Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:14200 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |