14 November 2025

Russian Agricultural Bank has published interim summary consolidated financial results for 9M 2025 in accordance with International Financial Reporting Standards (IFRS). The Group’s assets as of 30 September 2025 amounted to RUB 6.419 trillion.

According to the financial results of Russian Agricultural Bank Group (hereafter – RusAg Group, the Group, RusAg or the Bank) for 9 months of 2025, the Group’s net profit amounted to RUB 48.1 billion exceeding the result for the same period of 2024 by 22,9%. 

The Group’s loan portfolio (before provisions) increased by RUB 197.2 billion (+4.7%) within the reporting period and amounted to RUB 4.435 trillion. In particular, the corporate loan portfolio (including loans at fair value through profit or loss) grew during the 9 months of 2025 by RUB 254.6 billion (+7.0%) up to RUB 3.912 trillion.

The Bank’s agribusiness loan portfolio in 9 months of 2025 increased by RUB 221.8 billion (+9.0%) and amounted to RUB 2.695 trillion. The volume of loans issued by RusAg to agribusiness in 9 months increased by RUB 62.5 billion (+3.9%) compared to the same period last year and amounted to RUB 1.664 trillion. In particular, the volume of loans provided for seasonal work increased by 11.3% and amounted to RUB 728.9 billion. RusAg is the core bank of the agricultural industry, providing 35% of total lending to agribusiness and more than 80% of seasonal work financing in the country.

The retail loan portfolio (before provisions) stood at 523.4 billion rubles as of the end of September 2025 and remains on a downward trajectory (-10% since the beginning of the year) due to the completion of a number of preferential government programs, including those in the mortgage and agricultural lending sectors.

Deposits and customer accounts grew by RUB 389.4 billion (+9.5%) during 9 months of 2025, and amounted to RUB 4.509 trillion. Corporate term deposits and current accounts increased by RUB 88 billion (+4.5%) and reached RUB 2.037 trillion. Retail term deposits and current accounts increased by RUB 301.4 billion (+13.9%) to RUB 2.472 trillion.

Loan-to-deposit ratio (LTD) stood at 98.4% as at 30 September 2025.

Net interest income for 9 months of 2025 amounted to RUB 95.4 billion and remained at the level of  9 months of 2024 RUB (95.7 billion). Net fee and commission income increased by RUB 2.1 billion (+13.9%) and amounted to RUB 17.5 billion compared to RUB 15.3 billion for 9 months of 2024.

The Group’s net interest margin for the 9 months of 2025 amounted to 2.2%. Cost-to-Income ratio (operating expenses divided by net operating income (before allowance for credit losses)) stood at 50%.

The Group’s equity (according to IFRS) as of 30 September 2025 amounted to RUB 378.5 billion, having increased by 23% in 9 months of 2025. The Bank’s capital adequacy ratio (N1.0) (under the Bank of Russia requirements) stood at 12.2% as of October 1, 2025.