On 16 March 2023 Analytical Credit Rating Agency* (ACRA) affirmed the credit rating of Russian Agricultural Bank at AA(RU), outlook stable; AA(RU) to senior unsecured debt and B(RU) to subordinated perpetual bonds of the Bank.
The credit rating of RusAg reflects the very high systemic importance of the Bank, the leading role of the Bank in supporting the agricultural sector of the Russian Federation, and the very high likelihood of extraordinary support, if needed, from the government.
https://www.acra-ratings.ru/ratings/issuers/25/?lang=en.
* ACRA is one of the biggest Russian authorized credit rating agency, founded in 2015. ACRA operates in compliance with the latest regulatory requirements and best global practices. The Agency’s main objective is to provide high-quality rating and analytical products to participants in financial markets on both the national and international levels.