JOINT STOCK COMPANY RUSSIAN REGIONAL DEVELOPMENT BANK

The bank serves as the primary clearing and credit center for the state-owned oil corporation "NK Rosneft" PJSC. The bank ensures the financial stability of the oil and gas corporation’s corporate structure, which is a key source of tax revenues and dividends for the aggressor country’s federal budget. In doing so, the financial institution directly supports the revenue side of the russian budget, which is used to sustain long-term military and administrative expenditures amid intense external pressure.
Following the start of the full-scale invasion, the bank activities were integrated into the financing processes of the russian military-industrial complex. The institution provides contract management and lending to machine-building and shipbuilding enterprises of strategic importance. The bank acted as the contracting authority for the procurement of reconstruction and technical modernization of the production facilities of "DVZ "Zvezda" JSC, intended to support the repair of third- and fourth-generation diesel and nuclear submarines. The project was implemented as part of the russian federation’s state program for the development of the defense industry.
To circumvent the sanctions restrictions in place, the bank conducts transactions through closed internal payment circuits and banks in neutral and friendly countries.