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RusAg is a systemically important bank that provides financial services in different market segments, especially agribusiness. It also supports financial institutions, cooperates with international partners, and implements state programs.
- About the Bank
Russian Agricultural Bank (RusAg, the Bank) is one of...
- About the Bank
Russian Agricultural Bank (Russian: Россельхозбанк) (RusAg) is a 100% state-owned bank regulated by the Bank of Russia. RusAg is providing lending support to Russian agribusiness.
Russian Agricultural Bank (RusAg, the Bank) is one of thirteen systemically important financial institutions in Russia. The Bank offers a full range of banking and related financial products and services and leads in agribusiness finance.
Dec 31, 2023 · Russian Agricultural Bank is the core bank of the agricultural industry, providing a third of agribusiness lending and about 70% of financing seasonal work in the country. The Group’s loan portfolio (before provisions) increased by RUB 306.1 billion (+9.0%), compared to the end of 2022, and amounted to RUB 3.719 trillion.
Mar 31, 2024 · RusAg is the core bank of the agricultural industry, providing 32% of the volume of loans to agribusiness and 73% of the financing of seasonal work in the country. Deposits and customer accounts grew by RUB 106.1 billion (+2.9%) during Q1 2024, and amounted to RUB 3.76 trillion.
Sep 8, 2023 · A key Russian demand has been the reconnection of the Russian Agricultural Bank, Rosselkhozbank, to the SWIFT international payments system. It was cut off by the European Union in June...
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Jul 3, 2023 · The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to Moscow, the Financial Times said on...