JOINT-STOCK COMPANY COMMERCIAL BANK RUSSIAN PEOPLE'S BANK

Rusnarbank is a russian commercial bank that directly serves representatives of law enforcement agencies and participants in the war against Ukraine. The bank provides specialized financial services, preferential terms, and payment deferrals to servicemembers of the russian armed forces, the russian national guard, the FSB, and other law enforcement agencies involved in the aggression against Ukraine, as well as to their family members.
The bank also provides large-scale guarantees for government procurement, including as part of the fulfillment of the state defense order. Rusnarbank’s portfolio of bank guarantees exceeds 84.1 billion rubles, with approximately 68.9% consisting of express guarantees used to secure procurements in accordance with russian Federal Law № 44-FZ, including as part of the fulfillment of state defense contracts.
In addition, Rusnarbank is integrated into the Financial Message Transmission System (SPFS) of the Central Bank of the russian federation, which serves as an alternative channel for russian banks to transmit financial messages to international systems. Through the SPFS, the bank conducts transactions in Chinese yuan and executes swap agreements, maintaining the ability to settle accounts with foreign counterparties despite sanctions restrictions.