Russian Regional Development Bank

The Russian Regional Development Bank is a Russian bank founded on 27 March 1996 in a form of PJSC. The RRDB offers a general variety of bank services.[1]

Russian Regional Development Bank

History

The RRDB was founded by Rosneft on 27 March 1996.[2]

In early 2020, the RRDB came to attention for its facilitation of the Vedomosti ownership transaction,[2] and correlative appointment of editor-in-chief Andrei Shmarov, a person known for his affinities to Vladimir Putin and to RRDB parent Rosneft.[3]

Sanctions

Sanctioned by Canada on 22 August 2023 for association with the Putin regime.[4]

Official website

References

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