Russian Financial Society (RFO) NPO

NPO "Russian Financial Society" (LLC) is a non-bank credit institution that worked until 2021.

2021: License revocation

In July 2021, the Central Bank of the Russian Federation revoked the license from the non-bank credit organization Russian Financial Society. NGOs were engaged in dubious operations in Russia, conducted transactions with Ukraine and North Korea.

2020: Owners and services of the organization

As of January 2020, the owners of the organization were:

• Gateway-Auto - 96%
• Abramov Pavel Yuryevich - 4%

At this time, within the framework of banking services, NPO Russian Financial Society offers the following services to its customers:

• Cash settlement services with prompt opening of accounts (settlement accounts, special bank accounts of payment agents, bank payment agents (subagents) and suppliers).
• Currency control functions, with the possibility of urgent recording of the contract.
• Opportunity to carry out conversion operations at an advantageous rate.
• Use the remote service system and do not bother with visits to the office.
• The ability of FPL to multiply its funds in settlement accounts.

2019: Inclusion in the US sanctions list

In June 2019 Ministry of Finance USA , the non-bank credit organization Russian Financial Society was included in the sanctions list. The company fell under sanctions related to the DPRK nuclear program.

The boards of the Russian Financial Society  are Igor Klyuchnikov, who previously worked at Agrosoyuz Bank and Tempbank. In 2018, Agrosoyuz also  came under US sanctions as part of restrictive measures against North Korea.

Since 2014, Tempbank has been on the US sanctions list related to Syria. Zam Klyuchnikova Larisa Golovan previously also worked in Tempbank. One of the members of the board of directors of the Russian Financial Society, Alexander Apresov, is a former top manager of Agrosoyuz.