01.06.2026

China Lianhe Credit Rating Co., Ltd (hereinafter – Lianhe Ratings) has affirmed Russian Agricultural Bank’s Credit Rating (hereinafter – RusAg or the Bank) at the highest level of ‘AAA’, with a Stable outlook.

The rating affirmation reflects the agency’s view of the Bank’s important role in supporting Russia’s economic development, maintaining financial stability, and implementing government programs aimed at supporting enterprises in the agricultural sector.

According to the agency, RusAg benefits from a strong market position, an extensive branch network, and a stable customer base. The Bank’s business volume ranks among the largest in the Russian banking sector, while its strong competitive position is underpinned by its leading role in agricultural lending.

The agency also positively assesses the high degree of diversification and comprehensiveness of RusAg’s financial services, including corporate and retail banking, financial markets operations, as well as leasing, factoring, and other financial services.

Lianhe Ratings’ analysts note the improvement in the quality of the Bank’s loan portfolio and its enhanced risk absorption capacity. As a result of the Bank’s active management of problem assets, the level of non-performing loans continues to decline, while the quality of Bank’s loan portfolio remains above the average level observed in the Russian banking sector.

"The highest ‘AAA’ rating assigned by one of China’s leading credit rating agencies confirms the strength of Rosselkhozbank’s financial profile and its significant role in the Russian economy. It also creates additional opportunities to support the export-import activities of Rosselkhozbank’s clients conducting business with Chinese counterparties," commented Mikhail Ferapontov, Deputy Chairman of the Management Board of Rosselkhozbank.

China Lianhe Credit Rating is one of China’s leading credit rating agencies, holding more than 30% of the domestic rating market. Lianhe Ratings operates in strict accordance with international rating standards and enjoys broad recognition among market participants. The agency employs approximately 400 analysts and provides rating coverage for more than 2,000 issuers, including major financial institutions such as China Construction Bank, Industrial and Commercial Bank of China (ICBC), Bank of China, Agricultural Bank of China, and CITIC Bank, among others.