[15] On February 24, 2022, US President Joe Biden announced sanctions against Gazprombank and other Russian financial institutions in response to Russia's invasion of Ukraine.
[16] In March 2022, UK imposed sanctions on Gazprombank, which means that the bank is subject to asset freezes which locks it out of any resources held in Britain and prevents British firms from doing business with it.
[17] On November 21, 2024 the US imposed sanctions on Gazprombank preventing the bank from handling any new energy-related transactions that touch the US Financial system, trading with any US persons or entities and freezing its US Assets.
[18] Gazprombank was previously the last major unsanctioned Russian bank to allow European countries to pay Russia for critical energy supplies.
[21] On March 2, 2022, Igor Volobuev, Vice President of Gazprombank, fled Russia to move to his native Ukraine, having been born in Okhtyrka, Sumy.
[23] On April 18, 2022, former Gazprombank vice-president, Vladislav Avayev, was found dead from gunshot wounds in his Moscow apartment, along with his wife and daughter, in an apparent murder-suicide.
In early 2022, he returned to Ukraine and joined the Ukrainian backed Freedom of Russia Legion, having since received decorations for valour in combat[26] Gazprombank Suisse, which employs around 80 people, declared in October 2022 that it was ceasing trading.
[27] In 2023, four bankers at Gazprombank's Swiss branch have been accused of helping Sergei Roldugin, and by extension Vladimir Putin circumvent financial regulations and sanctions placed on Russia following the 2022 Russian invasion of Ukraine.