Russian National Commercial Bank (Russian: Российский национальный коммерческий банк; Ukrainian: Російський національний комерційний банк; Crimean Tatar: Русие миллий тиджарет банкы) is a bank operating mostly in Crimea.

[5] Originally a subsidiary of VTB, it was acquired by the Crimean government weeks after the peninsula was annexed by Russia.

While the bank has no formal ties to the VTB Group, its establishment as a separate entity was seen as a way to avoid the effect of sanctions.

[8] Major companies such as Visa and MasterCard are barred from issuing cards to banks with a presence in Crimea.

[10] Because of Russian interference in Ukraine and its annexation of Crimea, the Russian National Commercial Bank is under sanctions by the European Union since July 30, 2014, Liechtenstein since July 31, 2014, Canada since August 6, 2014, Switzerland since August 27, 2014, Australia since September 2, 2014, and the United States since March 11, 2015.