EU Adds Five Central Asian Banks to New Sanctions List

The European Union has published its latest sanctions list, which includes several banks from Kazakhstan, Kyrgyzstan and Tajikistan. In total, five financial institutions have been added under the EU’s 19th sanctions package.

The measures target Spitamen Bank and Tajikistan Commercial Bank in Tajikistan. Tolubay Bank and Eurasian Savings Bank in Kyrgyzstan. As well as the Kazakh subsidiary of VTB Bank.

The sanctions will take effect on November 12, 2025 and involve the freezing of assets and a ban on financial transactions within the European Union.