Organization sanctions dossier

JOINT DEVELOPMENT BANK

JOINT DEVELOPMENT BANK is a bank based in Laos. The UK states that it is and has been involved in obtaining a benefit from or supporting the Government of Russia through providing financial services to persons carrying on business in a sector of strategic significance to the Government of Russia, namely JSC SOLID BANK, which carries on business in the Russian financial services sector. It is listed under Russia/Ukraine-related sanctions by UK, first designated in 2026.

JOINT DEVELOPMENT BANK is listed as organization with 1 source listing across 1 authority.

Programs: The Russia (Sanctions) (EU Exit) Regulations 2019.

Geography: Laos.