Ozon Bank, Yandex Bank, WB Bank
Russia
The European Union placed Ozon Bank, Yandex Bank, WB Bank (Wildberries), and Post Bank under financial restrictions on Jul 24, 2026. The sanctions form part of the EU's 21st package targeting Russia. In total, 32 Russian credit institutions were added to the new sanctions list.
All four banks are fintech-linked institutions tied to marketplace and ecosystem platforms. Experts cited in Russian media warned that inclusion on EU blocking lists raises the risk of app removal from the App Store and Google Play, mirroring earlier removals of VK services and other sanctioned entities. The banks stated that previously downloaded apps will continue to function and that customers can use adapted web versions.
- EU sanctions on fintech-affiliated Russian banks may impact global payment networks and cross-border BaaS relationships
- Demonstrates how geopolitical sanctions can directly affect fintech-bank entities
- NewsFineko