Gazbank AKB

2024: Former First Deputy Chairman of the Board Vladimir Semin sentenced to 7 years in prison for embezzlement of 900 million rubles

In mid-September 2024, the Leninsky District Court of Samara issued a verdict against the former first deputy chairman of the board of JSC "AKB Gazbank" Vladimir Semin. He received 7 years in prison for embezzlement of 900 million rubles. Read more here

2018: License revocation and appointment of interim administration

In July 2018, the Central Bank announced the revocation of a banking license from Gazbank, registered in Samare.​. The regulator said in a statement that Gazbank systematically hid its real financial situation and evaded compliance with supervisory requirements. The inspections found that the bank regularly violated the provisions on countering the laundering of proceeds from crime, as well as the requirements on countering the financing of terrorism.

"The Bank of Russia has repeatedly (11 times over the past 12 months) applied supervisory measures against JSC GAZBANK JSCB, including twice imposing restrictions on attracting household deposits," the Central Bank said in a press release.

In connection with the revocation of the license, the Central Bank also canceled Gazbank's license to carry out professional activities in the securities market.

A temporary administration has been appointed to the bank, the powers of its management have been suspended.

General License of the Bank of Russia No. 2316. The bank provided a range of banking services for both corporate and private clients. One of the leading specializations is the production and maintenance of plastic cards both national (NCC) and international settlement systems (Visa, MasterCard, Diners Club). He actively conducted financial business not only in Samara, Novokuybyshevsk and Togliatti, but also in Ulyanovsk, Dimitrovgrad, Yeisk (Krasnodar Territory) and Sochi.