The non-credit rating of RSHB Asset Management upgraded to reflect the positive dynamic of assets under management and increase in retail client base.
The agreement involves active cooperation in export of agricultural goods between Russia and Uzbekistan, trade financing and interbank relations.
For many years, the Investfunds rewards companies that have shown outstanding results in the collective investment market. The official award took place on May 20, 2021 during the “Investfunds Forum XII - Conference for Institutional Investors” in St. Petersburg.
Russian Agricultural Bank (RusAg) started to plant 30 thousand of Siberian cedars in Kemerovo region purchased by funds raised during the environmental campaign “Stake it to save the forest” by RusAg and Mastercard. The campaign was available for RusAg’s customers holding payment cards by Mastercard. The territory of the future cedar forest will be more than 7 hectares.
Russian Agricultural Bank (RusAg, the Group) announces its interim condensed consolidated financial results for 3M 2021 according to International Financial Reporting Standards (IFRS). “In Q1 2021, Russian Agricultural Bank Group provided targeted growth of the loan portfolio with an increase in its quality, supported the necessary volume and diversification of the funding base, and also increased net interest and commission income.
RSHB-BROKER - a mobile application for investments of Russian Agricultural Bank (RusAg, the Bank), was included in the top 10 best mobile trading tools on the stock exchange by Markswebb. Analysts noted the convenience of the application in terms of buying and selling assets, and the ease of making transactions for first-time investors.
The Kommersant newspaper summed up the results of the work of Russian management companies in 2020. RSHB Asset Management showed growth in a number of trust management indicators, securing its status as one of the most profitable and effective company in the list.
Russian Agricultural Bank (RusAg, the Bank) became the winner in three of nine nominations of the XIX annual national competition "Dealer of the Year" (The Best Dealer & Desk Awards), which is held by the Moscow International Monetary Association together with the Commonwealth of Financial Market Professionals.
Russian Agricultural Bank (RusAg, the Bank) provided the agribusiness with RUB 437.1 billion of loans in 1Q 2021, exceeding the result for the 1Q 2020 by 10.4%. Of these, RUB 132.7 billion or 30.4%, borrowers got at a subsidized rate. In the current year, the volume of concessional lending increased by 50.8% and its share - by 8.2%.
By the beginning of 2021, Russia had become one of the largest exporters of pork and co-products, and the consumption had reached its peak in 30 years.