PSB's (Promsvyazbank) subsidiary, A7, established for international settlements for Russian businesses, processed 7.5 trillion rubles in payments in the first half of 2025. This accounts for approximately 11.8% of the country's foreign trade operations during this period.
A7 conducts 1,500-2,000 transactions daily, including settlements for small and medium-sized businesses with an average check of about 500,000 rubles ($5,000).
The company offers transfers worldwide with a 0.3% commission and supports conversion into 53 currencies, including the dollar, euro, yuan, Bangladeshi taka, Nigerian naira, and Myanmar kyat.
A7 was established in October 2024 and has already become a leader in the payment market, despite US and EU sanctions against PSB and A7 itself in 2025.
Read more on this topic:
Russia to Start Using Digital Currency for International Payments
New Model for Cross-Border Payments from MIPT Reduces Transfer Fees to 1%
Now on home
The company switched to the Yadro technology stack to improve server management
The complex remained on the KamAZ-6560 chassis and is capable of using two types of anti-aircraft missiles
Over the past 5 years, 140 thousand km of roads have been built and repaired in Russia
The surcharge for the 4x4 hybrid version is 305 thousand rubles
Plans to Improve Verification Procedure on "Gosuslugi" Portal
The Lipetsk Mechanical Plant updated the ventilation system of the hull production
The development reduces the activation energy of thermal decomposition by 25%
"Lenmorniiproekt" has started searching for contractors to carry out the work
Tests of Wire for Tokamak Electromagnetic System Conducted for the First Time
The plant's new components feature reduced noise and high meshing accuracy
The holding acquired 258 electric locomotives and 141 diesel locomotives
The aircraft with hydraulic cylinders and a rotary wing design will be able to carry up to 40 people