Bank Profile

RusAg is one of the largest banks in Russia, established in 2000 in accordance with the decree of the President of the Russian Federation to facilitate the development of the national credit and financial system in agribusiness and rural areas of Russia


Russian Agricultural Bank

Russian Agricultural Bank (RusAg) is among TOP-5 banks in Russia and one of the leading financial institutions providing lending support to national agribusiness.


RusAg plays a key role in the implementation of national support programs for the domestic agribusiness sector, including State Program on Agribusiness Development. The Bank’s development role is based on its good knowledge of the Russian agribusiness sector. It offers a diversified product range designed to satisfy the demand of the target market segment and to match its wide regional coverage. The Bank also engages in other government sustainability programs focused on social aspects.


Financial Information

For 6M 2024, RusAg’s net profit amounted to RUB 26.03 billion exceeding the result for the same period of 2023 by 70%.
The Bank’s assets as of 30 June 2024 amounted to RUB 4.956 trillion, having increased by RUB 210.3 billion (+4.4%) over 6 months
Loan portfolio (before provisions) increased by RUB 132 billion (+3.6%) within the H1 2024 and amounted to RUB 3.851 trillion.
RusAg is the core bank of the agricultural industry, providing a third of agribusiness lending and more than 70% of financing seasonal work in the country.
Deposits and customer accounts grew by RUB 332.5 billion (+9.1%) in 6M 2024, and amounted to RUB 3.986 trillion.
The Bank's equity (according to IFRS) as of 30 June 2024 amounted to RUB 306.7 billion, having increased by 2.9% in 6 months.
Capital adequacy ratio (N1.0) (under the Bank of Russia requirements) stood at 14.4% as at 1 July 2024.
CIR = 54%; LTD = 96.6%; NIM = 2.6%.


Awards and Recognitions

Russian Agricultural Bank regularly receives prestigious awards and confidently holds leading positions in ratings


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