Earlier, the company was included in the sanctions list as an organization “associated with Sovcombank.”
The subsidiary of the Ozon retailer’s banking company, Ozon Bank, was excluded from the US sanctions list. This is reported in a release published on Thursday by the Ministry of Finance of this country.
“The following items have been removed from the list of citizens of Special Categories and Prohibited Persons (“SDN List”) of the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department: Ozon Bank LLC,” the statement reads.
On February 24, Ozon Bank was included in the OFAC list of citizens of special categories and prohibited persons as an organization “associated with Sovcombank.” Ozon announced its intention to apply to OFAC with a request to exclude Ozon Bank from the SDN list due to the fact that the company no longer has ties with the sanctioned Sovcombank.