Russian Tinkoff Bank will begin operating in occupied Crimea. Interfax writes about this with reference to the bank's support service.
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In July 2023 year, Tinkoff Bank came under sanctions from the USA and Canada, in February of the same year it was included in the EU sanctions list, in May – in the UK
The EU explains the sanctions by saying that the bank operates in a sector that provides “significant income » to the Russian state.
In April 2022, Vladimir Potanin’s Interros bought 35% of the Tinkoff group from Oleg Tinkov’s family. The founder and former owner of a minority stake in Tinkov Bank said that he was forced to sell the asset for next to nothing due to criticism of the authorities on Instagram.