25.03.2026

Russian Agricultural Bank has published interim summary consolidated financial results for 2025 in accordance with International Financial Reporting Standards (IFRS). Boris Listov, Chairman of the Management Board of the bank, noted that the net profit amounted to 50.1 billion rubles, exceeding the results of 2024 by 25.9%.

"We are summarizing the results of not only the anniversary year for Russian Agricultural Bank, but also the entire large-scale work on the development of a credit system and support for the agro-industrial sector of the country over a quarter of a century. During this time, the Bank has made a significant contribution to achieving Russia's food security and the financial maturity of the agricultural industry, which, in turn, is reflected in the bank's performance. We are increasing the number of cross-products within each client’s scope, taking structured measures to improve the efficiency of resource base management and the quality of the loan portfolio. As a result, the net profit of the Group for the 12 months of 2025 amounted to a record 50.1 billion rubles, which is a quarter higher than in 2024. At the same time, the return on equity has risen to 14.5%", Boris Listov, Chairman of the Management Board of Russian Agricultural Bank, told reporters.

The Group's assets at the end of 2025 totaled 5,965 billion rubles and increased by 7.2% over the year. Funds in customer accounts increased by 275 billion rubles (+6.7%) in 2025 and amounted to 4,394 billion rubles.

Funds of legal entities increased by 74.4 billion rubles (+3.8%) and amounted to 2,023 billion rubles, including term deposits of legal entities increased by 146.6 billion rubles (+9.0%) and amounted to 1,768 billion rubles. Funds of individuals increased by 200.6 billion rubles (+9.2%) to 2,371 billion rubles, including term deposits of individuals increased by 201.3 billion rubles (+11.0%) and amounted to 2,036 billion rubles.

Operational performance has been improved (return on equity (ROE) increased from 13.2% in 2024 to 14.5% in 2025). A significant improvement in the quality of the loan portfolio was achieved (the share of non-performing NPL90+ loans in the loan portfolio decreased from 3.3% as of 01.01.2025 to 2.8% as of 01.01.2026; the cost of risk index for the loan portfolio (CoR) remained at 0.8%.

Net interest income in 2025 amounted to 148.2 billion rubles and increased by 11.7% compared to 2024 (132.6 billion rubles). Net fee and commission income registered at the level of the previous year and amounted to 22.3 billion rubles.

The Group's net interest margin for 2025 was 2.7%. The ratio of operating expenses to net operating income before reserves (CIR) in 2025 was 50% compared to 52% in 2024. This demonstrates an increase in operational efficiency and creates a solid foundation for further dynamic development.

The Group's loan portfolio (before reserves) increased by 136.2 billion rubles (+3.2%) in 2025 to 4,374 billion rubles. In particular, the loan portfolio of legal entities increased over the year by 209 billion rubles (+5.7%) to 3,866 billion rubles.

The loan portfolio of individuals at the end of 2025 amounted to 507.9 billion, which corresponds to the bank's strategy aimed at concentrating resources in the core segment.

The head of the RusAg highlighted that the priority of the Russian Agricultural Bank's work in 2026, as well as in 2025, remains the financing of the agro-industrial sector. "We maintain the strategic role and function of Russian Agricultural Bank in supporting the agricultural sector. Last year, we invested more than 2 trillion rubles in the industry and fully completed the task set by the state to finance the agro-industrial sector. The funds were used for seasonal work, the purchase of machinery and equipment for agricultural production, as well as the implementation of investment projects. As a result, almost half of the domestic food shelf consists of goods produced in factories and on farms financed by the RusAg", said Boris Listov, Chairman of the Board of the Russian Agricultural Bank. 

The loan portfolio in the agribusiness segment increased by 246.7 billion rubles (+ 10.0%) in 2025 and amounted to 2,720 billion rubles as of December 31. The volume of agricultural loans issued in 2025 increased by 41.0 billion rubles (+2.0%) comparing to last year and amounted to 2,084 billion rubles. In particular, the total value of loans issued for seasonal work increased by 4.7% to 890.6 billion rubles. The growth rate reflects the Group's balanced strategy, which is aimed at using its own capital to prioritize support for the agro-industrial sector at the level necessary to ensure stable development.