Limited Liability Company A7

Data through: Oct 15, 2026

Position in source

LLC A7 is a Russian company which is partially owned by PSB Bank, a Russian State-owned enterprise. LLC A7 was co-created by PSB Bank to launch A7A5, a stablecoin which is backed by fiat rouble deposits in the bank accounts of PSB Bank. For every rouble spent on A7A5, an equivalent sum is deposited into PSB Bank, thereby increasing the State-owned institution’s capital. In addition, LLC A7 has received loans from VEB.RF, a major financial development institution whose Chairman is directly appointed by the President of the Russian Federation, Vladimir Putin, and takes instructions directly from him.

Addresses in source

Morskaya street 35, Gelendzhik, Krasnodar Krai, 353460, RUSSIAN FEDERATION

Sanctions programmes

Legal history

Designation date in source

Oct 23, 2025

1. Oct 23, 2025

   2025/2035 (OJ L202502035)

   Act effective from: Oct 23, 2025

   Source ↗

Only events provided by the current source export are shown; this is not a complete timeline of amendments or removals.