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SBI Bank

A bank focused on financial services between Russia and Japan.

Last updated September 1, 2026

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Overview

SBI Bank is a bank that helps companies and individuals make settlements, open accounts, and solve international payment tasks with a focus on Japan and Asia. It was established in 1994 and has been operating for over 30 years.

History

The bank was established in 1994. In 2011, Japan's SBI Holdings, Inc. joined the bank's shareholders. In 2012, the bank continued to grow under a new name — YAR Bank (Japanese-Russian Bank). On 7 August 2017, SBI Holdings, Inc. became the bank's sole shareholder with a 100% stake in its authorized capital. In 2018, the bank changed its name to SBI Bank LLC (SBI Bank).

Recent events

  • Xiaomi India partners with SBI Bank for Diwali sale offers[5]

    Reported:

    Xiaomi India announced a partnership with SBI Bank to provide discounts and cashback to customers for the Diwali with Mi sale on Mi.com.

Sources5 sources

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