Key Investment Highlights
RusAg is a systemically important bank and one of the largest and most reliable financial institutions in Russia
Key Investment Highlights
One of the largest universal commercial banks in Russia (among TOP-5)
Nationwide branch network with 65 branches and over 1,300 additional offices, among Top-3 largest branch networks of russian banks. Broad customer base comprising ca. 7 million clients
Credit ratings: AA+.ru, outlook stable, by NCR (National Credit Ratings) and AA(RU), outlook stable, by ACRA (Analytical Credit Rating Agency)
Diversified loan portfolio, reduced concentration risk
Leading position (market share) among Russian financial institutions in terms of lending to agribusiness and seasonal works financing
Key participant in the implementation of the State Program on Agribusiness Development 2013-2025 and other national programs to support priority sectors and segments of the economy
Extensive knowledge of agribusiness and related subsectors
Strong and experienced management team
Ratios*
H1 2024 | ||
|---|---|---|
CET1 Ratio (N1.1) | 7.98% | |
Tier1 Ratio (N1.2) | 9.3% | |
Capital Adequacy Ratio (N1.0) | 14.4% | |
* Calculated under Basel III and Bank of Russia requirements |
Key Financial Highlights
USD billion | ||
|---|---|---|
Loans and advances to customers (before provisions) | 44.9 | |
Total assets | 57.8 | |
Customer accounts | 46.5 | |
Subordinated debts | 2.6 | |
Total liabilities | 54.2 | |
Total equity | 3.6 | |
Profit/(Loss) for the year | 0.3 | |
CIR | 54% | |
LTD | 96.6% | |
Source: Summary Consolidated IFRS Financial Statements as of 30 June 2024 Bank of Russia RUB/USD exchange rate as of 30 June 2024 = 85.75 |