12 August 2025

National Credit Ratings Agency (NCR) has affirmed the credit rating of Russian Agricultural Bank (hereinafter referred as ‘RusAg’ or ‘the Bank’) at the AA+.ru level with a ‘Stable’ outlook.

The affirmation reflects RusAg’s continued leadership in lending to the agricultural sector and high systemic importance to the Russian economy.

NCR notes the Bank’s strong market position in its core segment – agricultural lending. RusAg accounts for more than a third of the total loan portfolio in this segment, including approximately 76% of the market of seasonal fieldwork loans.

The agency highlights RusAg’s deep expertise in financing agricultural sector enterprises, further improvements in profitability and active work on managing problem loans, the volume of which remains steadily declining.

NCR’s experts also note that the Bank has sufficient capital reserves to cover a significant amount of credit risk, along with well-diversified funding base.