Shamalov (12.58%), JSC Transoil CIS (9.54%), JSC Severstal Group (7.15%), JSC Accept (3.93%) – owned by grandson of Vladimir Putin's uncle Michael Shelomov, JSC Relax (3.65%), "Assistance to Business Initiatives" Non-Commercial Enterprise (3.08%), Russian Federal Property Fund (2.93%). On December 28, 2006, Fitch Ratings assigned the bank negative ratings (Long Term issuer Default rating B−, Short Term rating B, National Long Term rating BB− (RUS)). As a subsidiary of the bank, ABRos Investment Company, had signed a non-transparent deal aiming to buy a considerable share of the Ren TV Media Holding (see below). During the 2012–13 financial crisis in Cyprus, more than one third (26.3 billion rubles) of Rossiya Bank's total cash (85.4 billion rubles) was frozen in Cypriot accounts. On June 28, 2013, its major shareholders were Yuri Kovalchuk 30%, Dmitri Gorelov and Nikolai Shamalov 10.5% each, Gennady Timchenko 8%, Gazprom about 16%, Alexei Mordashov 6%. In October 2021, Svetlana Krivonogikh had a 3% stake in Rossiya Bank. The U.S. government has characterized Rossiya Bank as Putin’s personal cashbox. Pandora Papers The Pandora Papers leak revealed that Rossiya Bank built a network of shadow companies that kept offshore wealth for Russian elites. Sanctions On March 20, 2014, the United States Government Office of Foreign Assets Control added Rossiya Bank to the Specially Designated Nationals List (SDN) as part of sanctions taken in response to the 2014 Crimean crisis, placing restrictions on US trade with the bank. Visa and Mastercard stopped processing the bank's payment as a result. In response Vladimir Putin announced that he would open a ruble-only account with Bank Rossiya and would make it the primary bank in the newly annexed Crimea as well as giving the right to service payments on Russia's $36 billion wholesale electricity market – which gave the bank $112 million annually from commission charges alone. Bank Rossiya also announced plans to expand into the Crimean market, becoming the first major Russian bank to do so. As of January 2019, Rossiya Bank has become the most important investor in Russia's development of its annexation of Crimea during the ongoing Russo-Ukrainian War. On February 22, 2022, British Prime Minister Boris Johnson announced sanctions against five banks, including Rossiya Bank. Assets worth – historical data Ratings In February 2021, Russian rating agency Expert RA assigned Rossiya Bank a rating of "ruAA" with a "stable" outlook. Management The head of its board of directors were, in