Is Public Joint Stock Company Promsvyazbank on a sanctions list?
Yes. Public Joint Stock Company Promsvyazbank appears on the UK Sanctions List maintained by UK Foreign, Commonwealth & Development Office (UK). Listed on 2/22/2022.
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. — 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.
- Building 22, Smirnovskaya Street, 10, Moscow, 109052, Russia
What does inclusion on UK-HMT mean?
Inclusion on the UK Sanctions List, published by the FCDO and enforced by OFSI, means UK persons are required to freeze the listed party's assets and refrain from making funds or economic resources available, under the Sanctions and Anti-Money Laundering Act 2018.
This explainer is informational only, is not legal advice, and does not describe the full scope of any restriction. Always verify against the primary source and consult qualified counsel.
Frequently asked
- Is Public Joint Stock Company Promsvyazbank on a sanctions list?
- Yes — indexed by Kleerance as appearing on the UK Sanctions List published by UK Foreign, Commonwealth & Development Office. Always confirm against the primary source before acting.
- How current is this record?
- Kleerance re-checks the source every six hours. This page reflects the most recent ingested version of the list. The publishing authority's listing date on record is 2/22/2022.
- Where can I verify this record?
- Directly at the publishing authority: https://sanctionslist.fcdo.gov.uk/docs/UK-Sanctions-List.xml.