EE Impact

Heihe Rural Commercial Bank Co: Russia Operations Status & Business Impact

China · Finance & Payments

LeaveRussia detail: Continue Operations

Still operating in Russia

Heihe Rural Commercial Bank (HHRCB), located in Heihe City, Heilongjiang Province, China, occupies a key position in the regional financial system.

Status last verified 03/08/2026Source checked 10/09/2025Company website ↗LeaveRussia profile ↗

Business in Russia

China's Heihe Rural Commercial Bank stopped accepting payments from Russia after being hit by European Union sanctions.

Decision trail

Decision date 21/07/2025 · Reference ↗

The European Union has imposed sanctions on two Chinese banks and five companies based in China as part of another round of sanctions against Russia over its invasion of Ukraine. According to a statement from the European Council, the banks targeted are Heihe Rural Commercial Bank Co. and Heilongjiang Suifenhe Rural Commercial Bank Co. According to the EU, they were listed for providing cryptocurrency services that undermined the objective of the sanctions.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Geopolitical context and sanctions impact

Heihe Rural Commercial Bank Co is a Finance & Payments company based in China. Current Russia status in our dataset is operating: continued operations in Russia remain a compliance, reputational and counterparties risk for EU and allied firms. Eastern Europe Impact translates those facts into business consequences — sanctions screening, supply-chain exposure and reconstruction-side opportunity — with transparent confidence labels rather than speculation.

Risk assessment and how to use this profile

Start with the status badge and decision trail, then check possible sanctions matches and recent events mentioning Heihe Rural Commercial Bank Co. A 7-day Pro trial adds watchlists so you are notified if Russia status, designations or linked events change. Full exposure maps (energy, transport, commodities) are on Professional. This page is risk information, not legal or investment advice.

Questions about Heihe Rural Commercial Bank Co

What kind of data does Eastern Europe Impact provide on Heihe Rural Commercial Bank Co?

Eastern Europe Impact publishes verified intelligence on Heihe Rural Commercial Bank Co's Russia status: current operating posture, sources (including the KSE LeaveRussia project), status history since 2022, sanctions-list matches, and linked events. Each profile is risk information for compliance and due diligence — not legal advice.

How can Eastern Europe Impact data on Heihe Rural Commercial Bank Co help my business?

Use the Heihe Rural Commercial Bank Co profile to check counterparties, suppliers and customers for Russia exposure, sanctions proximity and recent events before you contract, ship or invest. Watchlists alert you if the status or designations change.

How do we verify the information on Heihe Rural Commercial Bank Co?

We compile public reporting, company statements and the KSE LeaveRussia dataset, then label uncertainty. Status is not a legal determination — verify against primary filings and counsel before acting. Corrections go to corrections@easterneuropeimpact.com.

How much does Eastern Europe Impact cost?

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Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.
Heihe Rural Commercial Bank Co: Russia Operations Status, Sanctions & Business Impact (2026) | Eastern Europe Impact