RUSSIAN AGRICULTURAL BANK is a Russian bank. RUSSIAN AGRICULTURAL BANK is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in the financial services sector - a sector of strategic significance to the Government of Russia.
Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is Canada’s Special Economic Measures (Russia) Regulations. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C).
Additional Financial sanction (4)
#
Type
Date of restriction determination
1
#1 Type: Trust services
21.03.2023
2
#2 Type: Correspondent banking relationships etc
21.03.2023
3
#3 Type: Loans and credit arrangements
21.03.2023
4
#4 Type: Dealing with transferable securities or money-market instruments
21.03.2023
Historical data
Names (1)
Status
Historical (last time active at 24.05.2022 16:20)
Last name/Name
Russian Agricultural Bank
Full name/Name
Russian Agricultural Bank
Type
Primary name
Updated: 26.04.2025. 03:16
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
