21 March 2025

China Lianhe Credit Rating (hereinafter - Lianhe Ratings) assigned to Russian Agricultural Bank (hereinafter - RusAg or the Bank) a long-term Chinese national scale credit rating of 'AA' with a stable outlook.

The assigned rating reflects strong market positions, high competitiveness in the Russian market, well-developed corporate structure, internal control system, as well as high efficiency of risk management.

According to the agency, RusAg's strong market position and competitiveness are supported by a wide range of services and a well-developed network of branches in the Russian market, a loyal client base and brand recognition, as well as its leadership in agricultural lending.

Lianhe Ratings analysts noted the increase in net profit and positive dynamics of the Bank's loan portfolio quality, which is currently above average in the Russian banking sector.

The rating assigned by one of the largest and most reputable credit rating agencies in China opens up prospects for Russian Agricultural Bank to develop new areas of cooperation with counterparties from China.

China Lianhe Credit Rating is the leading credit rating agency in China, which holds more than 30% of the market share in its industry. Lianhe Ratings strictly adheres to international rating agency standards and is widely recognized by market participants. The agency has about 400 analysts covering more than 2000 issuers, including such major financial institutions as China Construction Bank, ICBC, Bank of China, Agricultural Bank of China, CITIC Bank and others.